Bitcoin hits a new high of $113K. This strategist says it could go to $200K.

Bitcoin (BTC-USD) hit another new record high, trading above $113,000. Bitwise Asset Management chief investment officer Matt Hougan explains what is driving the price higher and how institutional investors are playing a role in the climb. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here: https://finance.yahoo.com/videos/series/asking-for-a-trend/ #youtube #news #bitcoin #crypto About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.din.com/company/yahoo-finance