Hougan says bitcoin could reach that milestone if it captures a larger share of the global store-of-value market, though analysts say it would likely take years of institutional adoption and macro shifts.
Bitwise’s Matt Hougan revisits $1 million bitcoin — analysts agree but debate his timeline
Hougan says bitcoin could reach that milestone if it captures a larger share of the global store-of-value market, though analysts say it would likely take years of institutional adoption and macro shifts.
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The firm’s staking-enabled Solana fund debuts as inflows into early SOL products accelerate.
"Powell is threading the needle between their two mandates," said one analyst.
Bitcoin reversed Asian session gains, dropping below $88,000 and affecting major altcoins.
Difficulty and network valuation models point to BTC hovering around fair value near $90,000.