Abra Global CEO: BTC price is expected to reach $350,000, ETH target price $8,000

ChainCatcher news, Abra Global CEO Bill Barhydt posted a prediction on social media X, stating that Bitcoin will reach $350,000, Ethereum will reach $8,000, Solana will reach $900, and SUI will reach $25.

Barhydt mentioned that this prediction is based on the U.S. government's monetary policy and expectations of interest rate cuts, which will drive more funds into the economic system. Additionally, the approval of Bitcoin ETFs and the tax reduction plan of the Trump administration will also serve as important catalysts for the rise of the cryptocurrency market.