Analysis: Bitcoin may reach $125000 by the end of the year, while altcoins may perform even better

According to Golden Finance, CK Zheng, founder of cryptocurrency hedge fund ZX Squared Capital, stated that Bitcoin (BTC) may reach $125000 by the end of the year, but other cryptocurrencies may perform even better. Although the US tariff policies on Mexico and Canada seem to have taken effect, Zheng expects Bitcoin to not fall below $75000. He said, "The market fluctuates greatly in the short term, but for long-term investors, this is a good opportunity to allocate Bitcoin Zheng pointed out in an interview with CoinDesk, "There is a correlation between Bitcoin and altcoins, but I believe that Bitcoin's market dominance will decline. If you want the cryptocurrency ecosystem to truly develop, you cannot let 60% of the market value be concentrated in Bitcoin Zheng believes that "new policies and regulations will drive a large number of innovative ideas and shake up the cryptocurrency industry. Although this may take some time to manifest - possibly through 2025 and 2026." ZX Squared Capital is optimistic about cryptocurrencies such as Ethereum (ETH) and Solana (SOL), believing that they will benefit from a new wave of innovation, especially projects that combine artificial intelligence and cryptocurrency. Zheng emphasized that these smart contract blockchains need to continuously improve throughput to maintain attractiveness (for Solana) or regain initiative (for Ethereum).