Bitwise CIO Matt Hougan stated that Bitcoin will increase in value no matter the economic outcome related to AI developments. If the AI bubble bursts, he expects a major government bailout, which would boost Bitcoin as money supply grows. Conversely, if AI drives a productivity boom, Bitcoin would benefit as capital flows to scarce assets. Despite short-term volatility, Hougan believes Bitcoin's long-term trend is upward, though risks like quantum computing or government crackdowns remain unlikely but possible. Bitcoin currently trades about 35% below its October 2025 peak.
Bitcoin trades at Rp1.476.268.463 on Pluang as of Oct 16, 2026 02:21 WIB, showing a modest 0.74% gain in the last day. This steady price movement accompanies a market cap of Rp29.609,79 trillion and a 24-hour trading volume of Rp762,98 trillion. The platform data reveals a buying interest with 62% of orders as buys and a typical hold time of 111 days, highlighting ongoing investor engagement amid the macroeconomic outlook discussed by Bitwise CIO Matt Hougan.
On October 14, U.S. spot XRP ETFs recorded net inflows of about $740,000, contrasting sharply with Bitcoin spot ETFs which experienced $261.4 million in outflows. This split highlights differing investor interest in these digital assets on that day. ...
Bitcoin briefly fell below $80,000 following hotter-than-expected U.S. inflation data but quickly recovered to trade above $82,000, maintaining a market cap near $1.65 trillion. The volatility wiped out over $777 million in long crypto positions, ref...
The cryptocurrency market experienced $932 million in forced liquidations overnight, the largest since August, with XRP, DOGE, and NEAR among the hardest hit. Most losses (84.3%) were from long positions, especially in Ethereum and Bitcoin. Despite t...
Bitcoin's price recovery faces challenges as recent buyers need prices near $88,000 to break even, while those holding for 1-2 years require nearly $99,500. U.S. spot Bitcoin ETFs have seen $760 million in outflows since early October, reversing stro...
US Producer Price Index (PPI) rose 1.3% in September, marking the largest monthly increase since March 2022, driven mainly by a 10.8% surge in energy prices, especially gasoline and diesel. Despite this inflation spike, Bitcoin remained stable near $...
