Will Bitcoin surpass gold? Bitwise executives interpret the possibility of breaking the million-dollar barrier.

2025-12-23 09:40:10

Abstract generation in progress

[Crypto World] A timeless topic in the crypto market - when will Bitcoin reach 1 million dollars? Matt Hougan, the Chief Investment Officer of Bitwise, recently shared his thoughts. He believes the key lies in the combination of two factors: first, Bitcoin's influence in global asset allocation is increasing, and its share in relation to the gold market will gradually expand; second, the gold market itself still has room for growth. These two factors together can provide sufficient market capacity for a significant rise in Bitcoin's price. It sounds a bit like saying that as long as Bitcoin can continue to siphon off more funds from traditional assets, coupled with the entire financial market's cake also getting bigger, a million dollars is not a far-fetched idea.

BTC-0.92%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

18 Likes

Reward
18
3
Repost
Share

Comment

0/400

GasWhisperer

· 2025-12-24 03:09

nah, this math checks out tho... it's just a probability distribution waiting to resolve. the mempool of capital reallocation is getting spicier by the cycle. if btc can keep siphoning from gold's tired narrative, we're basically watching fee optimization play out across asset classes lmao

Reply0

SandwichTrader

· 2025-12-23 10:08

A million dollars? That's just a dream. We still have to wait for the day when gold truly declines; it's too early to say that now.

View OriginalReply0

ponzi_poet

· 2025-12-23 09:47

A million dollars? Sounds great, but it feels like saying that Bitcoin is going to take away the job from gold. The question is, will traditional institutions really do that?

View OriginalReply0