A growing number of industry figures say bitcoin could eventually reach seven figures, but analysts say the outcome hinges on how much of the global store-of-value market the cryptocurrency can ...
Bitwise CIO says BTC could hit $1 million by capturing 17% of a growing store-of-value market, but its current divergence from gold raises doubts.
Bitcoin can hit a price of $1 million per coin even with "reasonably conservative assumptions," Bitwise CIO Matt Hougan argued. Here's why.