Daily Market Updates: Bitcoin could reach $1.6 million by 2036, but 82% of the forecast rests on one bet

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Bitcoin could reach $1.6 million by 2036, but 82% of the forecast rests on one bet

Reported · Written up by our desk · Bitcoin

About 82% of its modeled valuation comes from gold-and-Bitcoin demand, exposing a sharp divide with JPMorgan’s return assumptions. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Latest closeGold $4,079.60 ▲1.0%|Bitcoin $79,116.59 ▼2.6%

← Newer storyHedge funds reduce Bitcoin ETF exposure as sovereign and wealth inves…Older story →Hedge funds shift into riskier swap spread trades as Treasury basis s…

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CryptoSlateBitcoin could reach $1.6 million by 2036, but 82% of the forecast rests on one bet

Crypto

Bitcoin could reach $1.6 million by 2036, but 82% of the forecast rests on one bet

More like this

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