VanEck says Bitcoin could hit $4.8M if it became the global reserve asset – Cointelegraph

VanEck’s analysis found that the implied price for BTC ranged from $1.3 million to $4.8 million.

The trend could apply to more nations’ central banks, and likely see the United States dollar’s dominance take a hit.

The analysts urged readers to bear in mind that the predictions are merely starting points for investors to formulate a framework for how to value gold and BTC in the extreme instance either becomes a global currency.

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