✉news BusinessCrypto first seen 13 h ago, last 2 h ago, peak #11
VanEck Predicts Bitcoin Could Reach $500,000
Original: VanEck Sees Bitcoin Reaching $500,000 As Gold Benchmark Supports Long-Term Upside Case
Asset manager VanEck is projecting that Bitcoin could reach $500,000, basing its long-term forecast on a comparison with gold. The firm argues that measuring Bitcoin against gold's market value supports a substantial upside case for the cryptocurrency. The prediction adds to ongoing debate about Bitcoin's potential as a store of value and is drawing attention among investors watching institutional views on crypto prices.
Why now: A major asset manager issued a bold long-term price target for Bitcoin, fueling discussion among crypto investors.
Rank over time, top of the chart is #1. 7 snapshots from 13 h ago to 2 h ago.
Evidence
- VanEck Sees Bitcoin Reaching $500,000 As Gold Benchmark Supports Long-Term Upside Case · Yahoo Finance
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