Bitcoin (BTC) $84,933.38In the next 10 years, the global financial system may be at the center of a historical transformation. Bitwise CIO Matt Houganthe largest crypto currency is predicted that the market value of the market can exceed $ 20 trillion by 2035. This target points to a growth of 212 percent compared to the current $ 1.65 trillion dollars. 200 thousand pieces of the USA BTC‘Explain that it will protect its strategic reserve and the FED President Jerome Powell‘Bitcoin Digital Gold ”comment increases the largest crypto money corporate trust.
Bitcoin’s institutional acceptance and the role of the USA
US governmentThe recognition of Bitcoin as a strategic being is a critical step for the future of the biggest crypto currency. In this respect, official institutions announced that they will not sell 200,000 BTCs and the planning of additional purchases had a positive impact on the market. Although this positive effect has not yet been reflected at the price, Hougan stressed that policies adopted by Bitcoin can accelerate the global reserve asset status.
As a matter of fact, the increasing interest of corporate investors changes Bitcoin’s market dynamics. Blackrock And Fidelity The fact that giants oriented to crypto currency funds signals the transformation in the financial system. Analysts estimate that Bitcoin ETFs can reach a volume of exceeding $ 100 billion by the end of 2025.
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Competition between Bitcoin and Gold
Bitcoin’s “digital gold” is 17 trillion dollars gold It brings competition with its market. Hougan believes that Bitcoin could leave behind the current value of gold in 10 years. However, the 15 -year history of the largest crypto currency in response to the history of gold makes this claim controversial.
On the other hand, market experts point out that Bitcoin has left behind the speed of adoption. For example, it took 12 years for Bitcoin to reach a market value of $ 1 trillion, while gold reached the same target in thousands of years. However, volatility, regulations and technological risks remain the biggest obstacles to the largest crypto currency.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
