Could Bitcoin reach 1.3 million USD by 2035? An analysis by Matt Hougan of Bitwise

In a recent interview, Matt Hougan projected Bitcoin might reach 1.3 million USD by 2035. His analysis emphasizes institutional adoption and Bitcoin’s role as a digital store of value, particularly as it competes with gold.

Key influences on Bitcoin’s trajectory include rising government debt levels, a favorable regulatory environment, and increasing Bitcoin ETF availability. Hougan highlighted these factors as key to Bitcoin’s acceptance in global investment portfolios.

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