The post Bitwise Sees Bitcoin Reaching $1.3 Million by 2035 in Base Case appeared on BitcoinEthereumNews.com. Bitwise Asset Management has issued a new long-term outlook that puts Bitcoin’s base-case price at roughly $1 Bitwise Asset Management has issued a new long-term outlook that puts Bitcoin’s base-case price at roughly $1.31 million by 2035, implying an annualized return of 28.3%. The San Francisco-based crypto investment firm, which manages about $15 billion, sets a bull-case target of $2.98 million and a bear-case floor of $88,000 for the same year. Bitwise attributes the projected appreciation to steady inflows into U.S. spot Bitcoin exchange-traded funds, growing demand for inflation hedges and the cryptocurrency’s fixed supply of 21 million coins. The firm argues these factors could position Bitcoin to rival gold as a global store of value over the next decade. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/markets/bitwise-sees-bitcoin-reaching-1-3-million-2035-base-case-44a9db4cThe post Bitwise Sees Bitcoin Reaching $1.3 Million by 2035 in Base Case appeared on BitcoinEthereumNews.com. Bitwise Asset Management has issued a new long-term outlook that puts Bitcoin’s base-case price at roughly $1 Bitwise Asset Management has issued a new long-term outlook that puts Bitcoin’s base-case price at roughly $1.31 million by 2035, implying an annualized return of 28.3%. The San Francisco-based crypto investment firm, which manages about $15 billion, sets a bull-case target of $2.98 million and a bear-case floor of $88,000 for the same year. Bitwise attributes the projected appreciation to steady inflows into U.S. spot Bitcoin exchange-traded funds, growing demand for inflation hedges and the cryptocurrency’s fixed supply of 21 million coins. The firm argues these factors could position Bitcoin to rival gold as a global store of value over the next decade. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/markets/bitwise-sees-bitcoin-reaching-1-3-million-2035-base-case-44a9db4c

Bitwise Sees Bitcoin Reaching $1.3 Million by 2035 in Base Case

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Bitwise Asset Management has issued a new long-term outlook that puts Bitcoin’s base-case price at roughly $1

Bitwise Asset Management has issued a new long-term outlook that puts Bitcoin’s base-case price at roughly $1.31 million by 2035, implying an annualized return of 28.3%. The San Francisco-based crypto investment firm, which manages about $15 billion, sets a bull-case target of $2.98 million and a bear-case floor of $88,000 for the same year.

Bitwise attributes the projected appreciation to steady inflows into U.S. spot Bitcoin exchange-traded funds, growing demand for inflation hedges and the cryptocurrency’s fixed supply of 21 million coins. The firm argues these factors could position Bitcoin to rival gold as a global store of value over the next decade.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Source: https://thedefiant.io/news/markets/bitwise-sees-bitcoin-reaching-1-3-million-2035-base-case-44a9db4c

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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