Analysts predict bitcoin at $1.4 million
By 2035, the price of the first cryptocurrency could reach $1.42 million due to an influx of institutional investors and the displacement of gold as a store of value. This is stated in a report by the research firm CF Benchmarks, supported by the Kraken exchange.
Analysts Gabriel Selby and Mark Pilipchuk built a forecast based on three metrics: comparison of market capitalization, mining economics, and the asset's reaction to monetary issuance.
Experts modeled three scenarios for the next 10 years:
bearish ($637 000): the first cryptocurrency will c
By 2035, the price of the first cryptocurrency could reach $1.42 million due to an influx of institutional investors and the displacement of gold as a store of value. This is stated in a report by the research firm CF Benchmarks, supported by the Kraken exchange.
Analysts Gabriel Selby and Mark Pilipchuk built a forecast based on three metrics: comparison of market capitalization, mining economics, and the asset's reaction to monetary issuance.
Experts modeled three scenarios for the next 10 years:
bearish ($637 000): the first cryptocurrency will c
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