{"id":567124,"date":"2026-03-11T06:54:29","date_gmt":"2026-03-11T06:54:29","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/11\/bitcoin-will-need-17-of-store-of-value-market-to-hit-1m-bitwise\/"},"modified":"2026-03-11T06:54:29","modified_gmt":"2026-03-11T06:54:29","slug":"bitcoin-will-need-17-of-store-of-value-market-to-hit-1m-bitwise","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/11\/bitcoin-will-need-17-of-store-of-value-market-to-hit-1m-bitwise\/","title":{"rendered":"Bitcoin will need 17% of \u2018store of value\u2019 market to hit $1M: Bitwise"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTIvMDE5M2ExMmItMmUwZi03ZWQ0LTlkOGQtNWFhMDg2Njc3OGZk.jpg\" alt=\"Bitcoin will need 17% of \u2018store of value\u2019 market to hit $1M: Bitwise\" class=\"type:primaryImage\" \/><\/p>\n<p>Bitcoin doesn&#8217;t need to take 50% of gold&#8217;s market share to reach one million dollars per coin if one is looking into the next 10 years, argues Bitwise&#8217;s Matt Hougan.<\/p>\n<p>Bitcoin needs to make up just one-sixth of the global \u201cstore of value\u201d market, currently dominated by gold, to reach $1 million per coin, argues Bitwise chief investment officer Matt Hougan.<\/p>\n<p>In a blog post on Tuesday, Hougan <a title=\"https:\/\/experts.bitwiseinvestments.com\/cio-memos\/how-bitcoin-gets-to-1-million\" href=\"https:\/\/experts.bitwiseinvestments.com\/cio-memos\/how-bitcoin-gets-to-1-million\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a> that most dismiss the lofty forecast for Bitcoin, as it would require Bitcoin to muscle into 50% of <a title=\"https:\/\/cointelegraph.com\/news\/rising-middle-east-tensions-safe-haven-demand-gold-investors-flee-equities-bitcoin\" href=\"https:\/\/cointelegraph.com\/news\/rising-middle-east-tensions-safe-haven-demand-gold-investors-flee-equities-bitcoin\">gold\u2019s current market value<\/a>.<\/p>\n<p>However, Hougan said the \u201cmistake\u201d most people are making is ignoring the growth of gold and the broader \u201cstore of value\u201d market.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/1m-btc-plausible-if-it-follows-gold-trajectory-bitwise-cio\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin doesn&#8217;t need to take 50% of gold&#8217;s market share to reach one million dollars per coin if one is looking into the next 10 years, argues Bitwise&#8217;s Matt Hougan. Bitcoin needs to make up just one-sixth of the global \u201cstore of value\u201d market, currently dominated by gold, to reach $1 million per coin, argues [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":567125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-567124","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/567124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=567124"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/567124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/567125"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=567124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=567124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=567124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}