Bitcoin Could Hit $4.8M if it Replaces Fiat: VanEck VanEck ex | Crypto World Analysis

Bitcoin Could Hit $4.8M if it Replaces Fiat: VanEck

VanEck executives Eric Fine and Natalia Gurushina have created a framework for valuing gold and Bitcoin if they were to become global reserve assets. Their model predicts a top price of $4.8 million for Bitcoin and $31,000 per ounce of gold.

A Wednesday blog post from VanEck’s Head of Active EM Debt Eric Fine and Chief Economist Natalia Gurushina has given Bitcoin a price target of $4.8 million if the top cryptocurrency became the global reserve asset.

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