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Bitcoin

Bitwise CIO says Bitcoin wins in all 3 economic scenarios as macro risks mount

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Bitwise Chief Investment Officer Matt Hougan says Bitcoin may be in good shape whether the economy changes or not. His reasoning is based on the long-term growth prospects for Bitcoin, which he claims remain favorable regardless of economic developments, driven by AI integration, changes in monetary policy, and increased institutional investment. The asset will be looking at profits regardless of whether AI boosts productivity, an AI market crash pushes the economy into recession, or economic growth continues at a moderate pace, the executive wrote in his weekly CIO memo. “There are a lot of different paths for the economy. All of them lead to Bitcoin,” he said.

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