Bitget CEO Gracy Chen Lays Out the Case for an “Inevitable” $1 Million Bitcoin Price
- Institutional capital is reshaping crypto markets, reducing reliance on retail cycles.
- Bitcoin’s price may hit $1M in a decade, driven by M2 growth and regulatory clarity.
- Ethereum holds institutional trust, but Solana’s speed fuels its rapid community rise.
A new era is unfolding for the cryptocurrency market, according to Bitget CEO Gracy Chen. She believes the influence of institutional money has fundamentally redefined how Bitcoin and altcoins move, making the long-held, retail-driven market cycles a “relic of the past.”
While speaking at Altcoin Daily, an analytic firm, Chen stated that Bitcoin reaching $1 million in the next 5 to 10 years is not only plausible, but “inevitable.” Backed by a changing global monetary environment, increasing regulatory clarity, and massive institutional inflows, Chen sees the current momentum as just the beginning of a longer, more stable uptrend.
“The Market Has Changed”: Institutions and M2 Supply Are Now Key Drivers
Chen emphasizes the significance of institutional participation. The market is now being shaped by entities like endowment funds, pension groups, and family offices — not miners or whales. This s…
The post Bitget CEO Gracy Chen Lays Out the Case for an “Inevitable” $1 Million Bitcoin Price appeared first on Coin Edition.
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Bitget CEO Gracy Chen Lays Out the Case for an “Inevitable” $1 Million Bitcoin Price
- Institutional capital is reshaping crypto markets, reducing reliance on retail cycles.
- Bitcoin’s price may hit $1M in a decade, driven by M2 growth and regulatory clarity.
- Ethereum holds institutional trust, but Solana’s speed fuels its rapid community rise.
A new era is unfolding for the cryptocurrency market, according to Bitget CEO Gracy Chen. She believes the influence of institutional money has fundamentally redefined how Bitcoin and altcoins move, making the long-held, retail-driven market cycles a “relic of the past.”
While speaking at Altcoin Daily, an analytic firm, Chen stated that Bitcoin reaching $1 million in the next 5 to 10 years is not only plausible, but “inevitable.” Backed by a changing global monetary environment, increasing regulatory clarity, and massive institutional inflows, Chen sees the current momentum as just the beginning of a longer, more stable uptrend.
“The Market Has Changed”: Institutions and M2 Supply Are Now Key Drivers
Chen emphasizes the significance of institutional participation. The market is now being shaped by entities like endowment funds, pension groups, and family offices — not miners or whales. This s…
The post Bitget CEO Gracy Chen Lays Out the Case for an “Inevitable” $1 Million Bitcoin Price appeared first on Coin Edition.
Read More
Saylor’s Strategy Marks 5th Year With 155 BTC Buys, Total Holdings Hit 628,946 BTC