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.
Bitcoin, the largest cryptocurrency by market value, fell below $68,000 to $67,976 on Binance's spot market as of 6:16 p.m. ET Friday. This drop followed a price of $68,272 just 15 minutes earlier, marking a one-hour decline of 0.31%. The dip below $...
Solana (SOL) experienced the largest 8.72% decline in open interest among five major crypto perpetual futures over 24 hours, dropping to $718 million. Despite all five assets showing lower open interest, funding rates remained positive, with Dogecoin...
Bitcoin fell below $68,000, dropping about 4.7-4.8% in a 24-hour period, with prices around $67,980 to $68,063. Other major cryptocurrencies also declined, with Ether down 4.65% at $1,918.65, Solana down 3.94% at $78.09, and BNB down 3.85% at $628. T...
Bitcoin dropped 4.69% to $68,063, Ether fell 4.65% to $1,918.65, and XRP declined 2.72% within a 24-hour period ending Nov. 13. Other tokens like Internet Computer and Pepe also saw decreases, signaling a broad pullback in the crypto market. This dec...
Rakuten Group has disclosed a new position in the Bitwise XRP exchange-traded fund (ETF), holding 6,690 shares valued at $111,255 as of September 30, 2026. This addition is part of Rakuten's broader U.S. crypto investment portfolio, which also includ...
