Analyst: BTC may reach $132,000 by the end of the year due to growing money supply

CoinRank News: On April 2, the Trump administration announced a comprehensive reciprocal tariff policy in the hope of reversing a $1.2 trillion trade deficit in goods. The move caused the SP 500 to plummet 9.7% in two days, with a market value of $5.4 trillion evaporating, the largest drop in history, surpassing the $3.3 trillion record set during the pandemic crash in March 2020. Nasdaq 100 technology stocks were slaughtered, with the largest single-day drop since 2022. Bitcoin fell only 3.7% during the same period, holding the key support level of $82,000. Analysts are confident in Bitcoins upside potential for the rest of 2025, and Jamie Coutts, chief crypto analyst at Real Vision, said the growing money supply could push Bitcoins price above $132,000 by the end of 2025. (Cointelegraph)