Nic Carter of Castle Island Ventures Predicts Bitcoin Could Reach $900,000 by Matching Gold's Market Cap on Bloomberg Crypto

Nic Carter, Founding Partner at Castle Island Ventures, has projected that Bitcoin could eventually match the market capitalization of gold, potentially reaching a price of $900,000 per coin. This prediction was made during an interview on Bloomberg Crypto, where Carter discussed long-term expectations for Bitcoin's market performance. His assertion aligns with a growing sentiment among some investors that Bitcoin may serve as a viable alternative to traditional stores of value like gold.