# Hugh Hendry Says Bitcoin Should Be Worth More Than $1 Million

By Token Post

Canonical URL: https://www.tokenpost.com/news/insights/46101
Published: 2026-11-02T03:26:40.000Z
Updated: 2026-11-02T03:26:40.000Z
Section: Insights & Views

> He said the Trump administration had fully endorsed stablecoins and that Bitcoin needed “American sovereign blessing.”

Hedge fund manager Hugh Hendry said Bitcoin (BTC) should be worth more than $1 million and urged the United States to retreat from a dollar standard, while saying the Trump administration had fully endorsed stablecoins.

Hendry said Bitcoin needed “American sovereign blessing,” adding that “that is happening.”