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VanEck analysts predicted the growth of bitcoin cryptocurrency to a record $ 52 million

1:43 pm, July 25, 2024

VanEck analysts predict that the value of bitcoin could reach $ 52.38 million by 2050. They believe that economic changes and growing trust in bitcoin will contribute to this growth.

In its forecast, VanEck notes that bitcoin could take a significant portion of the global gold market, which is about $ 10 trillion. Cryptocurrencies can also become an important means of preserving value by competing with other assets.

Experts emphasize that bitcoin has already proven to be a reliable hedge against inflation and economic instability. They assume that over time, more and more investors will use bitcoin as a means of protecting their assets.

One of the key reasons for bitcoin’s growth is its limited supply. Only 21 million bitcoins will be mined, making it a scarce asset. This will contribute to the growth of its value in the long run.

Another important factor is the development of infrastructure for storing and using bitcoin. Every year, more and more services are emerging that make it easy and safe to use bitcoin for various financial transactions.

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