Bitcoin Could Reach USD 100K in Five Years If It Takes on Gold – Goldman Sachs
A bitcoin (BTC) price of USD 100,000 could become a reality if the cryptocurrency continues taking market share as a store-of-value asset from gold, according to a note from Goldman Sachs. Meanwhile, Bloomberg analyst Mi...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A bitcoin (BTC) price of USD 100,000 could become a reality if the cryptocurrency continues taking market share as a store-of-value asset from gold, according to a note from Goldman Sachs. Meanwhile, Bloomberg analyst Mike McGlone argues that 2022 could be the year gold shines again....
Read More: Bitcoin Could Reach USD 100K in Five Years If It Takes on Gold – Goldman Sachs
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Trump wants the US to become a Bitcoin whale, but Congress controls the wallet
President Donald Trump said on Aug. 20 that the US is considering accumulating sizable amounts of Bitcoin and other cryptocurrenci...
Bitcoin Hits $70,000 as Trump Pushes CLARITY Act, Hyperliquid Surges and $1.4 Billion in Shorts Get Wiped Out
By late trading, Bitcoin was changing hands around $69,200, up approximately 7% over 24 hours after starting the session near $64,...
Coinbase And Ripple CEOs Reportedly Meet Howard Lutnick Over CLARITY Act
Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse reportedly met privately with Howard Lutnick, President Trump’s Comm...
Wall Street piled $1.2 billion into MSTR in Q2 before Strategy turned its Bitcoin flywheel toward rescuing STRC
Wall Street institutions increased their exposure to Strategy's MSTR in the second quarter, just before Michael Saylor’s Bitcoin a...
JitoSOL holders reach quorum, vote YES on Solana governance proposals
The integration of liquid staking tokens in governance could boost community engagement and influence market dynamics in blockchai...
Can tokenized assets continue to scale faster than the revenue models behind them?
Securitize closed its first quarter as a public company with average tokenized assets under management hitting a record $4.3 billi...