Matt Hougan says Bitcoin could reach $1 million per coin if it captures a larger share of the global store-of-value market. The global store-of-value market is currently worth about $38 trillion, with ...
Bitcoin is crossing a structural threshold, evolving from an experimental digital asset into a macro-scale instrument with global capital relevance, according to analysis from Bitwise. Bitcoin’s ...
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 ...
Bitwise CIO Matt Hougan thinks Bitcoin can get to a price of $1 million as the broader store of value market cap grows. The top crypto asset would need to jump more than 14x in order to reach the mark ...