PANews January 31 News, according to Coindesk, Bitwise Chief Investment Officer Matt Hougan stated in an interview that cryptocurrencies are in the late stages of the bear market bottom, laying a volatile but constructive path for stronger growth in 2026. Cryptocurrencies have been in a bear market for most of 2025, with many altcoins dropping over 60%. Bitcoin avoided larger losses mainly due to continued buying by institutions and ETFs. He described the current situation as a “bottom narrowing,” characterized by weak ETF capital flows and low retail participation.
Hougan expects Bitcoin to trade sideways between $75,000 and $100,000 in the first half of this year. Hougan reiterated his view that the price of each Bitcoin could reach about $6.5 million in the next 20 years. Hougan stated that the core assumption is not accelerated adoption, but ongoing global debt growth, monetary issuance, and currency devaluation. Hougan believes Bitcoin is an upgraded version of gold, and central banks around the world are just beginning to understand its role. “As long as the future is not significantly different from the past 15 years, we can achieve our goals. It’s just a matter of time.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin mining difficulty dips 7.7% as miners endure pressure
Bitcoin’s mining difficulty shifted lower once more, declining by about 7.7% in the latest retarget to 133.79 trillion at block 941,472, according to CoinWarz data. The move follows a mid-March dip that pulled the metric from roughly 148 trillion to the current level, marking the sharpest drop
CryptoBreaking11m ago
Analyst Says XRP To $10 Is “Inevitable”; It Might Even Rival Bitcoin
Various analysts continue to drop price predictions across the crypto market, and XRP often finds itself at the center of those conversations. Some projections sound like wishful numbers, yet others attempt to tie their outlook to market structure, adoption, and long-term utility. We at
CaptainAltcoin21m ago
Bitcoin Market Update: BTC Stuck in Tight Range as Volatility Drops and Breakout Looms
Bitcoin traded at $70,646 on Saturday morning at 8:30 a.m., holding within a narrow intraday range as technical indicators reflected a broadly neutral stance across key timeframes. Market participants continue to monitor consolidation near the $70,000 level as momentum signals diverge and
Coinpedia39m ago
CFTC Allows Bitcoin and Ethereum as Margin Collateral
CFTC permits Bitcoin, Ethereum, and stablecoins as margin collateral with strict valuation haircuts and risk controls applied.
Stablecoins receive lower capital charges than BTC and ETH, reflecting reduced volatility in margin calculations.
Firms must meet reporting, cybersecurity, and
CryptoFrontNews41m ago
Bitcoin Taproot Upgrade: Key Improvements in Performance and Privacy
The Taproot upgrade serves as one of the top technological improvements for the Bitcoin ecosystem. Activated on the 14th of November 2021, the upgrade aims to boost functionality, efficiency, and privacy without disrupting Bitcoin’s core principles. By merging multiple innovations, such as Schnorr s
BlockChainReporter52m ago
Bitcoin mining difficulty down 7.76% to 133.79 T, marking the largest decline since the end of 2025
Gate News reports that on March 21st, Bitcoin mining difficulty was adjusted downward to 133.79 T at block height 941472, with a decrease of 7.76%. During this adjustment period, the average hashrate was 760.10 EH/s, and the average block time was 12 minutes and 36 seconds. This downward adjustment represents the largest decline since the end of 2025.
GateNews54m ago
