Matt Hougan, CIO of Bitwise Asset Management, suggests Bitcoin could reach a $30 trillion market value by following a growth path similar to gold's expansion after its ETF launch. He highlights that institutional access via ETFs, which started in 2024 for Bitcoin, could drive demand and reduce available supply, pushing prices higher over a decade. Hougan warns that investor behavior, especially patience through market swings, is critical to realizing these gains. The comparison is based on gold's rise from a $2.5 trillion market cap in 2004 to about $30 trillion today, with Bitcoin currently around $2 trillion in market value.
Bitcoin trades at Rp1.482.743.550 on Pluang as of Oct 11, 2026, showing a 0.45% gain in the last day. Its market cap stands near Rp29.837,02 trillion, close to the $30 trillion milestone discussed. Pluang users hold Bitcoin for an average of 111 days, indicating steady investor interest.
Strategy increased its Bitcoin holdings by 811 BTC recently, bringing its total to 849,327 BTC, over 4% of all Bitcoin in circulation. The company also reduced its leverage from 108% at the start of 2023 to just 3%, reflecting a stronger financial po...
Michael Saylor's company, Strategy, has nearly reached $1 billion in unrealized profits from its Bitcoin holdings, despite ongoing market volatility. The firm recently added 811 BTC worth $65.5 million, bringing its total to 849,327 BTC valued at abo...
Major cryptocurrencies declined as Bitcoin ETFs experienced over $1 billion in outflows following the $6.3 billion Binance hack. Despite the sell-off, analyst Tom Lee called the market's response "constructive," highlighting Binance's coverage of los...
A trader on Hyperliquid closed losing long positions in Bitcoin, HYPE, and Zcash, totaling about $6.13 million in losses, with Bitcoin accounting for roughly 72% of the losses. After this exit, the trader opened new leveraged long positions worth app...
Bitcoin fell nearly 2% to below $77,000 following renewed geopolitical tensions from Trump-ordered strikes on Iran's Qeshm Island, which also pushed oil prices above $106.95 per barrel. The conflict fears triggered a risk-off sentiment, causing $382 ...
