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VanEck Spokesman Predicts Bitcoin to Hit $3M by 2050 as Global Reserve Asset

Nov 3, 2024, 09:00 PM

VanEck, a prominent investment management firm, has made a bold prediction regarding Bitcoin's future. According to VanEck's Head of Digital Assets Research, Bitcoin is projected to become a global reserve asset by 2050, with a price target of $3 million per coin. This forecast suggests that Bitcoin will be used in global trade and held by central banks worldwide. VanEck's vision indicates that institutions see Bitcoin as a core financial layer in the future economy. VanEck Spokesman stated that Bitcoin will become a reserved asset used in global trade and held in global banks.