Bitcoin to hit $1.3M by 2035 as institutions drive demand: Bitwise

Bitwise projects Bitcoin price to trade near $1.3 million by 2035, citing institutional demand, scarce supply and macroeconomic pressures.

Key takeaways:

Bitwise forecasts Bitcoin price to reach $1.3 million by 2035, projecting 28.3% annualized returns that outpace traditional assets.

Institutional investors dominate Bitcoin demand, with corporate holdings surging and Strategy leading in accumulation.

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