CandleFocus “Bitcoin Will Reach Half of Gold’s Market Cap,” Says VanEck CEO – Here’s BTC’s Future Price If It Happens
2024-09-22
Author: Content Editor
VanEck CEO Jan van Eck predicts that Bitcoin will eventually reach half of gold's total market capitalization, which would place its price at around $350,000. Van Eck believes that Bitcoin is maturing and will increasingly act as a store of value similar to gold. He also hints at an even more optimistic scenario where if central banks accept Bitcoin, its price could soar into the millions. Van Eck acknowledges uncertainties but remains confident in Bitcoin's long-term trajectory and advises investors to approach it with faith but be aware of its volatility.
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