In style crypto funding agency Bitwise Asset Administration maintains a principally bullish outlook on the crypto market as of late 2025, with specific emphasis on Bitcoin (BTC), Ethereum (ETH), XRP, and Uniswap’s UNI token.
This bullish stance has persevered regardless of the present excessive volatility, with BTC costs falling to the $85,000 vary and main various currencies akin to ETH, XRP, and even SOL struggling to guard the positive factors made this 12 months.
Bitwise is betting massive on these 4 crypto tokens
There is no such thing as a doubt that the market was in a bearish section for the primary six months of this 12 months, primarily based on current tweets from Bitwise executives akin to Matt Hogan and Hunter Horsley. However they are saying issues have gotten inexperienced once more.
The bullish momentum they are saying might be pushed by elements akin to ETF inflows, whale actions, and technical indicators.
Earlier this 12 months, Hogan, Bitwise’s chief funding officer, predicted that BTC might rise to $200,000 by Q3 2029, with a short-term backside primarily based on the ETF’s price foundation round $73,000 to $84,000.
That stance has not modified even now. In response to a current thread shared on X, Hogan believes his bullish stance will take maintain as regulatory readability will increase and the market matures additional.
Within the thread, Hogan highlighted a number of options that he hinted have been poised to blow up as a result of they’d gotten higher at capturing worth. Various belongings embrace ETH, UNI, and XRP. All of those belongings have been created in a regulatory period the place capturing worth was dangerous, forcing them to default to design decisions with ambiguous governance types.
Hogan hinted to X that the regulatory atmosphere has since modified, eliminating the necessity for such a alternative.
He began with UNI, emphasizing that its standing as a governance token had at all times restricted it, particularly for the reason that exercise on Uniswap didn’t deliver advantages to UNI token holders. This example might change quickly if Uniswap implements the anticipated price switching possibility. Consequently, 16% of transaction charges can be allotted to burning UNI.
“I believe it will transfer UNI in direction of turning into one of many prime 10 tokens by market cap over time,” Hogan mentioned. I wrote.
He then moved on to ETH, particularly citing the upcoming Fusaka improve that can introduce minimal charges for knowledge recording from layer 2. “Together with different important adjustments, blockchain has the potential to seize 5 to 10 occasions extra income,” Hogan surmised.
As for XRP, Hogan famous that its neighborhood of holders is at present taking a look at methods to extend worth seize and staking, which have emerged in discussions. Hogan believes that if that occurs, it might change the financial panorama for token holders.
Hogan believes these are only the start, and that the worth seize of options will solely improve from right here.
Bitwise CEO nonetheless shopping for BTC
Hunter Horsley, CEO of Bitwise, who’s a giant believer in BTC, mentioned he sees BTC’s retreat to the $85,000 degree as a shopping for alternative.
In a submit shared by X on November twenty third, he revealed that he could not resist the $85,000 value and purchased extra Bitcoin. “It felt good,” he mentioned. I wrote. This submit cites an outdated submit from 4 days in the past, the place he revealed that he could not resist shopping for for $89,000 and in addition purchased extra BTC.
In one other submit he shared on the identical day, Mr. Hogan hinted that BTC might backside out quickly, and since timing such a backside is troublesome, the opposite higher various is to purchase the token at a value that feels low-cost, and that’s what he’s doing with BTC.
“A variety of issues look low-cost now,” he says. Posted With X.
A fast scan of Mr. Horsley’s current tweets confirms that he’s placing his cash the place his mouth is. Like Hogan, who predicted that BTC might rise to $200,000 by the third quarter of 2029, Horsley sees a shiny future not only for BTC however for cryptocurrencies as an entire.
“It should be extra than simply digital gold,” he says. I wrote In a single submit. That exact submit got here after he posted in regards to the ongoing evolution of cryptocurrencies.
“Just a few years in the past, ‘digital gold’ was all that mainstream traders thought of,” he says. I wrote. “Now individuals have accepted that it’s ‘digital gold’ + ‘stablecoins’ + ‘tokenization.’”
He added, “In just a few years, they are going to understand that it is digital gold + stablecoins + tokenization + prediction markets + DeFi + digital identification + privateness + DePin + capital elevating + decentralized AI, and many others.”
