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Bitcoin Price Could Hit $250,000 ‘Sooner’ Than Expected, Says Bitwise CEO

The chief executive of Bitwise Asset Management expects the price of bitcoin to hit $250,000 sooner than most people would imagine. Moreover, he believes that bitcoin is going to eat into gold’s total addressable market...

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Bitcoin Price Could Hit $250,000 ‘Sooner’ Than Expected, Says Bitwise CEO
The chief executive of Bitwise Asset Management expects the price of bitcoin to hit $250,000 sooner than most people would imagine. Moreover, he believes that bitcoin is going to eat into gold’s total addressable market “faster than people expect.” He opined: “Bitcoin ETFs were bitcoin’s IPO moment. It’s now available to any investor with the […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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