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Metahide CEO: Bitcoin will reach $500,000 by the end of 2027

Internet reports that the price of Bitcoin has recently approached US$100,000 per coin, because President-elect Trump's pro-cryptocurrency remarks have pushed up the crypto-related market. Metahide CEO said: "The only place (Bitcoin) can go is up here. We can definitely reach $100,000 this year. We could exceed $250,000 next year, and by the end of 2027,$500,000 could be fully achievable." He said if Trump introduced a cryptocurrency institution during his second term, it would help legalize Bitcoin as an asset and add "more stability." He added: "As more people enter, the market will stabilize and over time it will become more and more like a mature market."

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