đȘ VanEck predicts Bitcoin will reach $3 million by 2050
A study of digital assets by VanEck determined that by 2050, Bitcoinâs price could reach $3 million, provided it becomes a global reserve asset with a 2% share in central bank reserves.
đ Matthew Sigel from VanEck notes that geopolitical changes could accelerate its adoption and enhance its role in global trade.
Additionally, the upcoming U.S. presidential elections could act as a catalyst for Bitcoinâs growth, especially if candidates supportive of cryptocurrencies come to the forefront.