Bitwise Projects $1.6 Million Bitcoin by 2036. Does Gold Hold the Key?
· price · Sentiment: neutral
Bitcoin is projected to reach $1.6 million by 2036 according to Bitwise, with gold’s historical market capitalization serving as the primary valuation benchmark for this forecast. The analysis suggests Bitcoin could capture a comparable monetary premium to gold as institutional adoption accelerates. Concurrently, US spot Bitcoin ETFs recorded $137 million in net inflows last week, demonstrating sustained institutional demand even as Ether funds saw $21 million in outflows. The consensus underscores Bitcoin’s strengthening position as a digital store of value with significant long-term upside.