FMP

FMP

Bitwise CIO Says $100,000 BitCoin Seems Unattainable in 2021

Matt Hougan, the CIO of Bitwise Asset Management, said it doesn’t seem that Bitcoin will reach $100,000 by the end of the year. While many analysts still anticipate $100,000 Bitcoin in 2021, Hougan mentioned that “it is a difficult prediction to make”. He said he believes investors will be looking at other smart contract blockchain networks such as Ethereum, Solana, or Polygon, as they start to realize there’s not just Bitcoin out there.