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Bitcoin will be the next decade's best-performing asset, potentially hitting $3 million by 2035, says $5 billion asset manager Bitwise.

The chief investment officer (CIO) of crypto asset management firm Bitwise, Matt Hougan, says one catalyst could suddenly send Bitcoin (BTC) to astronomical levels.

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Bitwise forecasts BTC reaching $1.3 million by 2035, fueled by institutional adoption, supply scarcity, and macroeconomic headwinds.

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Lastly, Bitcoin’s fixed issuance schedule adds another layer of scarcity. With less than 1.1 million coins left to mine and a halved reward rate of just 450 BTC per day, Bitcoin’s supply is getting ...