Today news
About the same in other media
Bitcoin Could Reach USD 100K in Five Years If It Takes on Gold – Goldman Sachs
Reading now: 891
A bitcoin (BTC) price of USD 100,000 could become a reality if the cryptocurrency continues taking market share as a store-of-value asset from gold, according to a note from Goldman Sachs. Meanwhile, Bloomberg analyst Mike McGlone argues that 2022 could be the year gold shines again.
At present, the US investment banking giant estimates that bitcoin’s float-adjusted market capitalization is just under USD 700bn, making up 20% of a store-of-value market comprised of gold and bitcoin. For
Read more on cryptonews.comAbout this in other media
Bitcoin Dives Below USD 39K, Ethereum Breaks 2.9K, Altcoins in Red cryptonews.com /2 years ago
Bitcoin will emerge stronger after stocks dip ‘10%–20%’ — Bloomberg analyst cointelegraph.com /2 years ago
New UK cost of living threat as oil rises to highest price in seven years theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
