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Here’s Why VanEck Says Bitcoin Could Reach $2.9 Million by 2050


Here’s Why VanEck Says Bitcoin Could Reach $2.9 Million by 2050

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VanEck’s Head of Digital Assets Research Matthew Sigel said Bitcoin could reach a valuation of nearly $2.9 million by 2050 under the firm’s long-term base-case scenario.

This projection is driven by BTC’s adoption as a settlement currency for 5% to 10% of global trade and its emergence as a reserve asset comprising 2.5% of central bank balance sheets.

Read the article at CryptoPotato

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