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$105,430.00 4.8531
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BNB
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$640.88 2.9575
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Bitcoin
Bitcoin (BTC)
$105,430.00 4.8531
Bitcoin price
Ethereum
Ethereum (ETH)
$2,446.19 10.49597
Ethereum price
BNB
BNB (BNB)
$640.88 2.9575
BNB price
Solana
Solana (SOL)
$144.64 9.60099
Solana price
XRP
XRP (XRP)
$2.19 10.74961
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000117 8.7598
Shiba Inu price
Pepe
Pepe (PEPE)
$0.00001 13.70946
Pepe price
Bonk
Bonk (BONK)
$0.0000142 15.9631
Bonk price
dogwifhat
dogwifhat (WIF)
$0.86646 26.74868
dogwifhat price
Popcat
Popcat (POPCAT)
$0.296482 17.7035
Popcat price
Bitcoin
Bitcoin (BTC)
$105,430.00 4.8531
Bitcoin price
Ethereum
Ethereum (ETH)
$2,446.19 10.49597
Ethereum price
BNB
BNB (BNB)
$640.88 2.9575
BNB price
Solana
Solana (SOL)
$144.64 9.60099
Solana price
XRP
XRP (XRP)
$2.19 10.74961
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000117 8.7598
Shiba Inu price
Pepe
Pepe (PEPE)
$0.00001 13.70946
Pepe price
Bonk
Bonk (BONK)
$0.0000142 15.9631
Bonk price
dogwifhat
dogwifhat (WIF)
$0.86646 26.74868
dogwifhat price
Popcat
Popcat (POPCAT)
$0.296482 17.7035
Popcat price
Bitcoin
Bitcoin (BTC)
$105,430.00 4.8531
Bitcoin price
Ethereum
Ethereum (ETH)
$2,446.19 10.49597
Ethereum price
BNB
BNB (BNB)
$640.88 2.9575
BNB price
Solana
Solana (SOL)
$144.64 9.60099
Solana price
XRP
XRP (XRP)
$2.19 10.74961
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000117 8.7598
Shiba Inu price
Pepe
Pepe (PEPE)
$0.00001 13.70946
Pepe price
Bonk
Bonk (BONK)
$0.0000142 15.9631
Bonk price
dogwifhat
dogwifhat (WIF)
$0.86646 26.74868
dogwifhat price
Popcat
Popcat (POPCAT)
$0.296482 17.7035
Popcat price

Bitcoin heading to 6-figure price, Bitwise CIO says

Jayson Derrick
Edited by
News
Bitcoin heading to 6-figure price, Bitwise CIO says

Bitcoin’s bullish thesis for trading above $100,000 has only solidified in recent weeks, Bitwise CIO Matt Hougan asserted in a new X post.

Bitcoin (BTC), crypto’s sole trillion-dollar asset, will inevitably cross six figures per coin due to a combination of institutional, macroeconomic, and on-chain factors, Hougan explained.

Exchange-traded fund expert Eric Balchunas stated that U.S. spot Bitcoin exchange-traded funds surpassed $20 billion in total net flows. The American Bitcoin ETF complex has garnered over $65 billion in assets under management following $1.5 billion in inflows this week.

ETFs tracking legacy assets like gold took years to achieve these numbers, according to Balchunas. Bitcoin products reached this milestone within a year, signaling strong demand from retail and institutional investors.

Hougan, along with QCP Capital and other experts, pointed to the upcoming U.S. presidential elections as another catalyst for Bitcoin’s price acceleration. Pro-Bitcoin candidate Donald Trump has led several on-chain betting polls on platforms like Kalshi and Polymarket.

There’s also a growing outlook supporting a strong Bitcoin price performance regardless of which party controls the White House.

Hougan mentioned Bitcoin whale accumulation as another bullish indicator. Data from CryptoQuant confirmed that large Bitcoin holders have been buying the asset at unprecedented rates. CryptoQuant founder Ki Young Ju said that Bitcoin’s open interest hit an all-time high of $20 billion, with new whale wallets now controlling 9.3% of the total supply.

The consensus among crypto proponents expects liquidity to flow into risk assets soon, citing seasonal data, new stock price highs, and global rate cuts by central banks like the Federal Reserve. Historically, Bitcoin has gained in the fourth quarter more often than not, and experts suggest a low-funding rate environment could further support this trend.