PANews reported on June 11 that according to Cointelegraph, Bitwise researchers André Dragosch and Ayush Tripathi said that the price of Bitcoin may exceed $200,000 by the end of the year and eventually reach their estimated "fair value" of $230,000. They pointed out that the soaring US federal debt, spending exceeding revenue, and Trump's tax cuts are key drivers of the bullish Bitcoin. The Congressional Budget Office predicts that net interest payments will increase to $3 trillion by 2030, raising concerns about default.

Bitwise analysts said that Bitcoin's scarcity and resilience allow it to benefit from fiscal instability and improved market sentiment, and if the trend continues, it may break price expectations before the end of the year. Bitcoin briefly fell to $100,000 after Trump and Musk quarreled last week, but then quickly rebounded due to short positions being closed, and Bitwise said the bullish background is still favorable.