Dec 19, · Bitcoin has a current market cap of about $ billion, while that of gold's stands at roughly $10 trillion. This week the cryptocurrency gained 12% over two days alone, and was trading at Author: Shalini Nagarajan. Oct 14, · Bitcoin’s $2 Trillion Market Potential Observations about the value locked in traditional assets and Bitcoin reveal exciting conclusions for crypto. Oct 15, · More specifically, it predicted that Bitcoin’s market cap could rise to over $2 trillion. Based on its value today, that means investors like you could potentially earn profits of about 1,%. But before you get too excited, let’s take a look at the reasoning behind Fidelity’s forecast Disrupting Multiple Trillion-Dollar Markets.
Bitcoin 2 trillion market capBitcoin Price Prediction: $, Value With $9 Trillion Market Cap Possible, Winklevoss Twins Say
The currency has doubled its price in the last six months and has recently surpassed its market capitalization from One of these figures is Bloomberg Intelligence senior commodity strategist Mike McGlone, who in an interview said:. The digital version of gold but with more limited supply and a history of adding zeros appears to be in an early price-discovery stage and may simply continue its ascent in Mainstream adoption is rising. Many are confident that the currency is also going to strike its all-time high again by the end of this month.
Peter Smith — chief executive of bitcoin exchange Blockchain. But while most of the sentiment surrounding BTC is positive right now, the space still features its fair share of doubters. But these characteristics also mean that Bitcoin tends to rise less dramatically, and less quickly, than smaller cryptos. For example:. But because such cryptos tend to focus on smaller and less proven markets, they also come with more risk.
Such a portfolio would contain blue-chip cryptos like Bitcoin, as well as higher risk cryptos with more near-term upside potential. Sign-up today and you'll receive our daily insights on early-stage investing, as well as our FREE "Equity Crowdfunding Action Kit" — where you'll learn:. Tags: Bitcoin Crypto. He further states that as many as million individuals across the globe own cryptocurrency today, and that much of the recent rally is being driven largely by institutional players, which are now holding more of a place in the crypto arena.
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