Bitcoin may hit $80K if crypto ‘animal spirits’ awaken, says Bitwise CIO

Oluwapelumi Adejumo

Bitwise’s Chief Investment Officer, Matt Hougan, believes Bitcoin could still reach new all-time highs of $80,000 this year but only under specific conditions. In an Oct. 9 note to investors, Hougan outlined the key factors that could influence Bitcoin’s upward trajectory, including the outcome of the US election, economic conditions, and the absence of major […]

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Bitcoin may hit $80K if crypto ‘animal spirits’ awaken, says Bitwise CIO