Bitcoin Could Reach $30 Trillion Like Gold, Bitwise CIO Says

Bitwise CIO Matt Hougan says Bitcoin’s market value could eventually approach gold’s, around $30 trillion, as investors increasingly view it as a store of value. The comparison is a long-term possibility, not a near-term price forecast, and depends on continued adoption and Bitcoin capturing a larger share of the store-of-value market. If that thesis plays out, it would imply substantial upside from Bitcoin’s current market capitalization.