Crypto

Why Bitcoin Is on a Path to $1 Million Per Coin: Bitwise

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In brief

  • 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.
  • Declining volatility, ETF inflows, and institutional acceptance will help position…

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