
Prominent figures in the cryptocurrency and investment sectors have expressed bullish forecasts for Bitcoin's future value. Anthony Scaramucci, founder of SkyBridge Capital, projects Bitcoin will reach $1 million, attributing this to accelerating institutional adoption and declining confidence in fiat currencies. Adam Back, CEO of Blockstream and a noted cypherpunk, has suggested Bitcoin could hit $1 million if Wall Street allocates just 2% of its portfolios to the cryptocurrency, emphasizing the exponential impact of mainstream capital inflows. Back also envisions a potential $300 trillion market for Bitcoin as a global store of value, which would equate to approximately $14 million per Bitcoin. Fidelity has highlighted Bitcoin's $18.5 trillion addressable market and its unique ability to store value compared to other cryptocurrencies. Additionally, Cathie Wood stated on CNBC that Bitcoin could reach $1.5 million. These projections reflect growing institutional interest and the perceived potential of Bitcoin as a long-term store of value.
CATHIE WOOD SAYS ON CNBC THAT #BITCOIN IS GOING TO $1.5 MILLION WHAT A TIME TO BE ALIVE!!! 🚀 https://t.co/wSv2Rz7RD5
JUST IN: CYPHERPUNK LEGEND ADAM BACK SAYS #BITCOIN HAS A "$300 TRILLION" MARKET AS THE GLOBAL STORE OF VALUE THAT'S $14 MILLION PER BTC. BUCKLE UP 🚀 https://t.co/WojTO8FJZN
NEW: $5 TRILLION FIDELITY SAYS #BITCOIN'S ABILITY TO STORE VALUE "SETS IT APART FROM OTHER CRYPTOCURRENCIES" BTC HAS A $18.5 TRILLION "ADDRESSABLE MARKET." WHOA 🔥 https://t.co/JOMoEji7jf





