VanEck CEO: Bitcoin Market Cap to Surpass $15.7 Trillion, Nearing Gold’s Value

VanEck CEO Jan van Eck predicts that Bitcoin’s market capitalization will eventually soar to at least half of gold’s market cap. Currently, the gold market cap stands at approximately $15.7 trillion, while Bitcoin’s market cap is around $1.36 trillion1.

VanEck believes it could take up to a decade for traditional finance to help drive Bitcoin’s market cap to $7.85 trillion. Despite the confusion among some traditional finance clients regarding Bitcoin, there is increasing interest from investors outside the United States who want to avoid ties to SWIFT and the US financial system. As Bitcoin continues to gain mainstream acceptance and regulatory approvals, its growth trajectory remains a topic of interest in the financial world.

Disclaimer: Remember that nothing in this article and everything under the responsibility of Web30 News should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves inherent risks and potential investors should be aware that capital is at risk and returns are never guaranteed. It is imperative that you conduct thorough research and consult with a qualified financial advisor before making any investment decision.