What Happens After Bitcoin Hits $100K? | Bitcoin Simply
Bitcoin just plunged from $87,000 to $80,000, wiping out $1.5 billion in leveraged positions, but the bigger story is what happens when Bitcoin breaks $100,000. Bitwise's Matt Hougan argues Bitcoin has only just entered mainstream adoption, while major financial institutions are positioning themselves for a much larger market. With government money printing, rising asset inequality, and Wall Street capital entering Bitcoin, the next phase could look very different from previous cycles. The real question isn't whether Bitcoin is too volatile, but whether you can afford to sit on the sidelines…
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