Bitcoin Could Reach $1.42M by 2035

A new report from CF Benchmarks forecasts Bitcoin could surge to $1.42 million by 2035, a 1,500% increase from its current price. This prediction is based on Bitcoin capturing one-third of golds market value and an average yearly return of 30%. The report suggests clearer regulations, wider institutional acceptance, and increased trading activity could drive this growth. However, the actual price could range from $637,000 to $2.95 million, depending on Bitcoins global adoption. Other investors like Cathie Wood and Michael Saylor also predict significant price increases.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.