[Bitwise CIO: Bitcoin may break through $100,000 earlier than expected] According to Mars Finance, Matt Hougan, chief investment officer of asset management company Bitwise, said that Bitcoin may reach six figures earlier than expected, driven by the massive influx of institutional funds into Bitcoin exchange-traded funds (ETFs), the instability of the US economy, and the US presidential election. Matt Hougan emphasized the growing support of the Republican Party for cryptocurrencies and the fact that inflation concerns are driving investors to turn to Bitcoin. With clear regulations and supply restrictions brought about by Bitcoin halving, he predicts that Bitcoin prices will soar rapidly. (Bitcoin.com)