Bitwise Chief Investment Officer Matt Hougan on Tuesday published a report showing Bitcoin (CRYPTO: BTC) could reach $1 million per coin if the store-of-value market grows to $121 trillion in 10 years and BTC captures 17% market share, up from 4% today. The Store-of-Value Market Growth The current store-of-value market stands at just under $38 trillion: $36 trillion for gold and $1.4 trillion for Bitcoin.
The Math Behind Bitcoin To $1 Million In 10 Years
AI IMPORTANCE: 3/10
◆
AI INSIGHT
Bitwise Chief Investment Officer Matt Hougan published a report on Tuesday showing Bitcoin could reach $1 million per coin if the store-of-value market grows to $121 trillion in 10 years and BTC captures 17% market share, up from about 4% today; report says current store-of-value market stands just under $38 trillion — $36 trillion in gold and $1.4 trillion in Bitcoin.
Loading MATH data...
MOBILE APP