Analysts say Shiba Inu could erase a zero if Bitcoin reaches $100,000

Shiba Inu price struggles continue

Market data indicates that SHIB has moved in close correlation with Bitcoin. Following BTC’s surge to $80,000 in recent months, SHIB made a brief upward move, momentarily reclaiming $0.000006. The gains, however, proved short-lived, aligning with BTC’s subsequent dip to $78,000 and a wider correction in the crypto market.

The synchronized price action underscores the influence of Bitcoin’s performance on SHIB and other altcoins. Analysts often cite this dynamic as a core factor in predicting SHIB’s future price movements.

Wall Street firms Bernstein and Standard Chartered both project that Bitcoin could reach $100,000 by the end of this year, with Bernstein setting its target at $125,000 and Standard Chartered anticipating a potential test of $126,000.

Can Shiba Inu erase a zero if Bitcoin surges?

Given SHIB’s price sensitivity to BTC’s movements, questions have resurfaced about whether Shiba Inu can “delete a zero” from its decimal value if Bitcoin achieves a high of $100,000. Industry voices suggest that a robust rally in Bitcoin could boost investor sentiment and liquidity, propelling SHIB towards the $0.00001 range or higher.

Both Bernstein and Standard Chartered have noted that such a scenario would likely require not only a Bitcoin rally but also strong overall market enthusiasm and capital inflows into more speculative assets like SHIB.

Macro influences and potential risks

SHIB’s potential for gains is shadowed by broader macroeconomic factors. The most recent market rally is widely attributed to comments from US President Trump regarding possible government crypto purchases and the US Treasury’s decision to ramp up bond buybacks. While these developments have recently boosted market confidence, analysts have cautioned that subsequent efforts by the Treasury to replenish funds could pull liquidity away from cryptocurrencies.

Ongoing uncertainty means that if Bitcoin’s uptrend stalls before reaching $100,000, SHIB’s prospects for a major recovery would diminish. As the market awaits clarity on US policy moves and further investor inflows, SHIB remains sensitive to major Bitcoin shifts and broader capital movement across digital assets.

If Bitcoin’s rally loses momentum, SHIB is unlikely to regain previously lost ground or delete a zero from its price.

For now, the prospect of SHIB erasing a zero from its price largely depends on whether Bitcoin can sustain upward momentum and attract further speculative investment from retail and institutional players alike.