Bitcoin’s Market Cap Could Reach $50 Trillion – Bitwise CEO Predicts

Bitwise CEO Hunter Horsley boldly predicts a Bitcoin market capitalization rivaling the US dollar and Treasury bonds, reaching an impressive $50 trillion. He believes this transformation could occur if bitcoin replaces USD as a global reserve currency. This ambitious projection relies on the cryptocurrency’s growing institutional adoption and its role as a barometer of financial liquidity, synchronizing with changes in global money supply. Horsley’s vision stems from Bitwise’s substantial investment in Bitcoin through their BITB ETF, which holds over 39,000 BTC worth nearly $3.7 billion. This tangible investment signifies trust beyond mere marketing efforts.