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Bitwise CIO believes investors are ‘still early’ until Bitcoin reaches $500k

  • Bitwise CIO Matthew Hougan believes investors are “still early” until Bitcoin reaches $500,000.
  • Growing demand for store-of-value assets and Bitcoin's increasing acceptance contribute to its market maturity.
  • Reaching $500,000 would signal Bitcoin's maturity as an asset class, capturing half of the store-of-value market.
  • Broad institutional adoption, particularly from central banks, is crucial for Bitcoin to reach the $500,000 target.

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