Bitcoin To Hit $1.3 Million By 2035, Bitwise Forecasts

Bitcoin (CRYPTO: BTC) is projected to become the best-performing institutional asset of the next decade, with Bitwise forecasting a price of $1.3 million by 2035, according to a new report.

WHat Happened: Bitwise estimates Bitcoin will deliver a compound annual growth rate (CAGR) of 28.3% over the next ten years, far surpassing equities, bonds, and gold.

The report framed the projection as a direct outcome of its inelastic supply colliding with growing institutional demand.

The report noted that Bitcoin’s supply dynamics, capped at 21 million coins, contrast …

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