Bitwise Forecasts Bitcoin Price Surge to $1.3 Million by 2035

Crypto asset manager Bitwise predicts Bitcoin could reach a staggering $1.3 million by 2035, driven by escalating institutional demand and a tightening supply of the cryptocurrency. Their Long-Term Capital Market Assumptions report projects a compound annual growth rate (CAGR) of 28.3% for Bitcoin over the next decade, exceeding other asset classes like equities, bonds, and gold. This bold forecast highlights Bitcoin’s potential to outperform traditional investments in the long run.