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Bitwise CIO Projects Bitcoin to Reach $1.3 Million by 2035

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Bitcoin news: Bitwise CIO Matt Hougan projects Bitcoin market news could see BTC hit $1.3 million by 2035 under a base case model. The forecast assumes Bitcoin captures 25% of gold’s $27 trillion market cap. Institutional demand has surged, with 12 major platforms requesting capital market assumptions last year—up from zero in prior years. Bitcoin’s 0.21 correlation to equities and 28% annual return projection over the next decade were also cited.
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