Bitcoin: Bitwise CEO Says BTC Will Reach Over $100,000
Bitwise CIO Matt Hougan recently spoke with Yahoo Finance on Bitcoin’s future, saying the cryptocurrency may soon reach above $100,000. The asset manager’s CIO said in the interview, “I think we’re going above $100,000 on Bitcoin.” JUST IN: Bitwise CIO says "I think we're going above $100,000 on #Bitcoin." — Watcher.Guru (@WatcherGuru) October 30, 2024 Hougan cited several factors that are currently pushing Bitcoin’s price upwards. In particular, he shed light on the upcoming US election and its impact on cryptocurrency. “I think the most important thing for Bitcoin is that the election happens,” Bitwise Asset Management Hougan says. “Regardless of a Trump win or a Harris win, the regulatory setting for bitcoin is improving, and I think that’s what you’re seeing reflected in the price.” BTC recently surpassed its previous all-time high, reaching $73,800 for the first time on Tuesday. As the election looms, mo...