3 days ago

Bitcoin $1 Million Prediction: Bitwise CIO Matt Hougan Explains the Math

TLDR: Bitcoin currently holds about 4% of the global $38T store-of-value market. Capturing 17% of the market could push Bitcoin to $1 million per coin. Institutional adoption and ETF inflows are boosting Bitcoin’s long-term potential. Historical growth in gold shows the store-of-value market could reach $121T in 10 years. A $1 million price prediction for [...]

The post Bitcoin $1 Million Prediction: Bitwise CIO Matt Hougan Explains the Math appeared first on Blockonomi.

Source: Blockonomi →