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Bitwise CIO "BTC is expected to be $500 million when adopting a U.S. strategic reserve"
Wednesday, December 18, 2024
According to Cointelegraph, Matt Hougan, Chief Investment Officer (CIO) of Bitwise, said in a recent interview with Yahoo Finance, "If the United States selects Bitcoin as a strategic reserve asset, it can raise the price of BTC to $500,000." He continued, "If such a thing happens in the United States or starts to happen in other countries, the 2024 bull market will have a significant aftermath of the Bitcoin market to the extent that it seems rather gentle."