4 Reasons Bitcoin May Hit USD 1-5 Trillion Market Cap in 10 Years.

in news •  4 years ago 

4 Reasons Bitcoin May Hit USD 1-5 Trillion Market Cap in 10 Years.
https://cryptonews.com/news/4-reasons-bitcoin-may-hit-usd-1-5-trillion-market-cap-in-10-7754.htm

And according to the report, bitcoin’s market capitalization still has plenty of room to grow from its current level of just over USD 200bn today, if the asset becomes widely used as either:

  1. A global settlement network
  2. A protection against asset seizures
  3. A form of digital gold; or
  4. A catalyst for currency demonetization in emerging markets

If either of these scenarios were to come true, ARK sees bitcoin grow its market capitalization “more than an order of magnitude” over the next decade, potentially reaching USD 3tn by 2025.

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