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Bitwise CIO Matt Hougan Predicts Bitcoin Could Reach $1.3 Million by 2035

CoinDesk ·

Matt Hougan, Chief Investment Officer at Bitwise Asset Management, stated that Bitcoin reaching $1.3 million by 2035 is a realistic target. During an interview at the New York Stock Exchange, he argued that a traditional 60/40 portfolio is entirely exposed to fiat currency and that holding zero Bitcoin is now a misallocation of assets. Hougan also expressed optimism that Bitcoin could reclaim the $100,000 level within this year. Additionally, Denelle Dixon, CEO of the Stellar Development Foundation, reported that Stellar has surpassed $4 billion in tokenize

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Summaries are written by AI from the original article. Not investment advice.

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