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

Bitwise predicts Bitcoin could hit $1M by 2035 as U.S. debt surges and dollar dominance weakens. Is BTC the new digital gold for global investors?

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

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 ...