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Here is When Bitcoin Could Reach $1 Million, According to Bitwise

  • Matt Hougan, Chief Investment Officer at Bitwise, predicts that Bitcoin could reach $1 million in the next five years, driven by its emerging status as digital gold and increasing investor confidence.
  • Hougan highlights Bitcoin's growing recognition as a digital store of value, with potential to claim a share of the massive gold market.
  • Hougan believes in Bitcoin's value potentially increasing tenfold as more institutional capital enters the market, expressing confidence in its continued growth.
  • Additionally, Hougan sees stablecoin legislation as a key catalyst for unlocking value in other blockchain assets like Ethereum and Solana, paving the way for broader crypto market adoption.

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