Forget $150,000, Bitcoin's Real Target Is $2.9 Million: VanEck

VanEck released long-term capital market assumptions projecting Bitcoin (CRYPTO: BTC BTC - $90463.488 could reach $2.9 million by 2050 in its base case, implying a 15% compound annual growth rate from current levels near $88,000. Base Case Built On Settlement And Reserve Adoption VanEck's base case assumes Bitcoin will settle 5-10% of global international trade and 5% of domestic trade by 2050, while central banks allocate 2.5% of their balance sheets to Bitcoin as a reserve asset.

Source: benzinga.com

Related symbols: BTCUSD

2026-01-09 12:42:02 GMT.

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Price & Market Data

Price: $90463.488

Volume 24h: $35,134,066,241.57

Market Cap: $1,806,908,654,103.70

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,973,496. The last known price of Bitcoin is 90,260.45803688 USD and is up 0.28 over the last 24 hours. It is currently trading on 12513 active market(s) with $39,352,566,405.65 traded over the last 24 hours. More information can be found at https://bitcoin.org/.