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Hedge fund manager says Bitcoin should top $1M and urges US to move away from dollar standard.

Market News
02 Nov 2026, 05:26 WIB
Tokenpost
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Bullish
Hedge fund manager says Bitcoin should top $1M and urges US to move away from dollar standard.

Hedge fund manager Hugh Hendry stated that Bitcoin's value should exceed $1 million. He also called for the United States to move away from the dollar standard, highlighting that the Trump administration has fully endorsed stablecoins. Hendry emphasized that Bitcoin requires official US government approval, which he believes is currently underway. This signals a potential shift in how cryptocurrencies might be integrated into the financial system.

Hedge fund manager Hugh Hendry's Bitcoin valuation claim is presented alongside Pluang's cryptocurrency market snapshot as of Nov 02, 2026 10:21 WIB. Among 50 major cryptocurrencies tradable on Pluang, 20 rose and 29 fell today. Notable price changes include MANA at Rp1.368 (+2.09%), FTM at Rp11.382 (-2.05%), and CRV at Rp5.089 (-1.64%).

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