Ark Invest believes BTC market cap could reach $ 10 trillion a | DeFi - news, reviews, articles

Ark Invest believes BTC market cap could reach $ 10 trillion and exceed gold cap

Ark analysts at the Katy Wood Foundation believe that the $ 1 trillion value of BTC will grow tenfold in the coming years as it transforms from a minor asset to a major financial instrument.

"If you look at gold as a $ 10 trillion market cap, bitcoin is about 10% of that amount. And if we think bitcoin is a 100 times better version than gold, then there is a good chance that BTC will take over market share of gold "- Crypto Assets Analyst at Ark.