Bitcoin to $1 Million: A Rational Mathematical Trajectory ExplainedMarch 12, 2026 | Crypto MarketsLive Updates:
18:17 – Strategy just added +2,500 BTC via STRC today.
U.S. Senate votes to ban Fed-issued CBDC, embedded in bipartisan housing bill.
16:23 – Tether & Anchorage invest in Ark Labs to enable native USDT issuance on Bitcoin.
16:13 – Markets price in ~99.6% chance of no rate cut at March 18 FOMC (Polymarket / CME).
15:52 –
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Trump administration considering suspension of Jones Act to lower domestic oil prices.The $1 million Bitcoin milestone continues to spark intense debate — and rational optimism — across the financial world. At first glance the number feels extreme, but a fundamentals-based analysis of Bitcoin as a store-of-value asset tells a very different story.Bitwise CIO Matt Hougan highlights the most common misconception: treating the global store-of-value market as a static pie. In reality, that market (gold + Bitcoin ≈ $38 trillion today) has grown significantly over the past two decades.