VanEck CEO Charts a Path for Bitcoin to Hit $400,000

A photo of a figurative Bitcoin sitting on top of gold. The CEO of VanEck believes that Bitcoin might get to half the market cap of gold, which would give it a valuation of $400,000.

VanEck CEO Jan van Eck believes Bitcould could potentially reach a price target of $400,000 based on one very simple model. The theory, based analysis by VanEck, is that Bitcoin only needs to reach half the market cap of gold to reach that lofty figure. Bitcoin has been branded as… Continue reading VanEck CEO Charts a Path for Bitcoin to Hit $400,000

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