Bitcoin market capitalization = Total crypto market capitalization x Bitcoin dominance = $50 trillion x 0.4 = $20 trillion
Bitcoin price calculation:
We'll use the total supply of Bitcoin, which is approximately 21 million.
Bitcoin price = Bitcoin market capitalization / Total supply = $20 trillion / 21 million ≈ $952,381
So, if the total crypto market capitalization reaches $50 trillion and Bitcoin maintains a 40% dominance, Bitcoin's potential price could be around $952,381.