Matt Hougan: Bitcoin Market Potential Surpasses Gold

Bitwise CIO Matt Hougan stated that the potential market size of Bitcoin exceeds $34 trillion for gold. Since the start of the Iran conflict, Bitcoin has risen by 12%, gold has fallen by 10%, and the S&P 500 index has fallen by 1%. Bitcoin currently accounts for less than 4% of the stored value market, and if it reaches 17%, the price per coin will reach $1 million. （Bitcoin Archive）