{"id":158235,"date":"2023-12-07T14:44:02","date_gmt":"2023-12-07T14:44:02","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=158235"},"modified":"2023-12-07T14:44:04","modified_gmt":"2023-12-07T14:44:04","slug":"bitwise-cio-predicts-a-new-bitcoin-btc-ath-in-less-than-a-year","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/bitwise-cio-predicts-a-new-bitcoin-btc-ath-in-less-than-a-year\/","title":{"rendered":"Bitwise CIO Predicts a New Bitcoin (BTC) ATH in Less Than a Year"},"content":{"rendered":"
In a recent interview with CNBC on December 6, 2023, Matt Hougan, the Chief Investment Officer of Bitwise Asset Management, shared his perspectives on current trends and future opportunities for Bitcoin<\/a><\/strong> and the overall cryptocurrency market.<\/p>\n Hougan highlighted the recent surge in BTC prices, currently trading<\/a> at $43,277, noting its resemblance to the rise in gold prices<\/strong>. He suggested that this trend reflects a shift towards assets sensitive to inflation and offering protection against economic risks. According to Hougan, this movement is driven by various factors, including declining interest rates in the United States and expectations of future cuts.<\/p>\n