{"id":71253,"date":"2026-04-16T21:05:48","date_gmt":"2026-04-16T21:05:48","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/geopolitical-chaos-might-push-bitcoin-over-1-million-crypto-news-bitcoin-news\/"},"modified":"2026-04-16T21:05:48","modified_gmt":"2026-04-16T21:05:48","slug":"geopolitical-chaos-might-push-bitcoin-over-1-million-crypto-news-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/geopolitical-chaos-might-push-bitcoin-over-1-million-crypto-news-bitcoin-news\/","title":{"rendered":"Geopolitical Chaos Might Push Bitcoin Over $1 Million \u2013 Crypto News Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li data-path-to-node=\"1,0,0\">Iran\u2019s $1 <span>bitcoin<\/span> toll per oil barrel proposal bypasses weaponized fiat, fueling a shift to apolitical rails next.<\/li>\n<li data-path-to-node=\"1,1,0\">Bitwise CIO Hougan claims the $20M hypothetical daily toll proves <span>bitcoin<\/span> will soon act as both <span>gold<\/span> and currency.<\/li>\n<li data-path-to-node=\"1,2,0\">If <span>bitcoin<\/span> captures this new dual role, Hougan calls to update his $1M, 17% market share target up for <span>BTC<\/span>.<\/li>\n<\/ul>\n<h2>Bitwise: <span>Bitcoin<\/span> Might Be Adopted As Currency Amidst Geopolitical Chaos<\/h2>\n<p>The recent events surrounding the use of <span>bitcoin<\/span> as a possible means of payment to secure passage through the <a href=\"https:\/\/news.bitcoin.com\/us-navy-enters-strait-of-hormuz-to-clear-iranian-mines-bitcoin-falls-2-5\/\">Strait of Hormuz<\/a> have brought the prime <span>cryptocurrency<\/span> into the geopolitical spotlight, and analysts are now examining the possible effects of this use case.<\/p>\n<p>Matt Hougan, CIO of Bitwise, believes that adding this functionality to <span>bitcoin<\/span>\u2019s already extended \u201cdigital <span>gold<\/span>\u201d store-of-value feature during times of geopolitical chaos might push its price to stratospheric heights.<\/p>\n<p><\/p>\n<p>On social media, Hougan stressed that this new possibility of <span>bitcoin<\/span> becoming a \u201ctraditional currency,\u201d while unlikely, was not as far-fetched as it could have been considered some years ago, pointing to the announcement of Iran seeking to take $1 in <span>bitcoin<\/span> per oil barrel as Hormuz Strait toll, raking up $20 million a day, as evidence.<\/p>\n<p>He <a href=\"https:\/\/x.com\/Matt_Hougan\/status\/2044095946334843168?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">stressed<\/a> that this showed a <strong>\u201creality that transcends the current conflict: In a world where countries have weaponized their financial rails, <span>bitcoin<\/span> is emerging as an apolitical alternative.\u201d<\/strong><\/p>\n<p>In this regard, Hougan likened this bet to an out-of-the-money call option, explaining that during the Iran conflict, two conditions for this to happen appeared: An increased probability of <span>bitcoin<\/span> being used in a currency-like manner and a rise in the <span>volatility<\/span> of the global monetary order.<\/p>\n<p>Before, he had estimated that <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> could reach up to $1 million by capturing 17% of the $38 trillion store-of-value market over the next decade. But now, as <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> has the opportunity to expand its uses beyond this already established narrative, the goal could be set even higher.<\/p>\n<p><strong>\u201cIf <span>bitcoin<\/span> starts to take on a dual role as both a store of value (like <span>gold<\/span>) and an actual currency (like the dollar), we may need to revise our targets higher,\u201d<\/strong> Hougan concluded.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitwise-geopolitical-chaos-might-push-bitcoin-over-1-million\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Iran\u2019s $1 bitcoin toll per oil barrel proposal bypasses weaponized fiat, fueling a shift to apolitical rails next. Bitwise CIO Hougan claims the $20M hypothetical daily toll proves bitcoin will soon act as both gold and currency. If bitcoin captures this new dual role, Hougan calls [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":71254,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71253"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71253"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71254"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}