Bitwise CIO: Bitcoin is not a gold replacement, price holds near $77,000
- —Hougan: Bitcoin cannot be viewed as a replacement for gold
- —BTC gained 3.45% over the week
- —Price is holding near the $77,000 mark
Why it matters: The Bitwise executive's statement influences the digital gold narrative, but without new catalysts the price remains range-bound.
Source: Coinotag