PANews reported on April 15th, citing Cointelegraph, that Bitwise Chief Investment Officer Matt Hougan stated that if Bitcoin is ultimately widely used as a currency and store of value, its potential market size could exceed the $34 trillion gold market. Hougan pointed out that in a world where countries are weaponizing their financial systems, Bitcoin is becoming a non-political alternative. He previously predicted that if Bitcoin captures 17% of the value store market within the next decade, its price could reach $1 million per coin; if it also assumes the role of an international currency, the target price would need to be revised upwards. Currently, Bitcoin's market capitalization is approximately $1.4 trillion, while gold's is approximately $33.7 trillion.