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Despite Hitting $93K, Bitwise Says ‘It’s Still Early’, Sees Bitcoin Price Going To $500,000 If This Happens

  • The Bitcoin price surged above $93,000, setting new lifetime highs.
  • Bitwise's Chief Investment Officer predicts that Bitcoin could reach $500,000.
  • Demand for store-of-value assets like BTC is increasing as governments debase fiat currencies.
  • Hougan's prediction is based on Bitcoin holding at least 50% of the $20 trillion store of value sector.

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