April 19, 2024

Analysts predict BTC price to rise to $1.36 million by 2030

Analysts predict BTC price to rise to $1.36 million by 2030

By 2030, Bitcoin quotes could reach $1.36 million, and Ethereum capitalization – $22.5 trillion. Such calculations ledanalysts of the investment company ARK Invest.

Your guide to digital gold expertsjustified by the expectations of its legalization by states as legal tender, as well as the growth of the relative share in the capitalization of global assets.

Analysts cited "healthy" network metricsbitcoin blockchain. In particular, they mentioned the growth in the number of BTC accumulating addresses and their coins. According to their estimates, the volume of on-chain value transferred in 2021 grew by 463% to $13.1 trillion, which is 20% higher than the volume of Visa payments.

Share of ETP, countries, public and non-publiccompanies accounted for 7.9% of Bitcoin emissions at the end of November. ARK Invest expects further growth of the indicator. In the matter of mining the first cryptocurrency, experts predicted a reorientation of miners to renewable energy sources.

According to experts, in the next decadeBitcoin capitalization can grow 25.9 times - up to $28.5 trillion. For comparison, the same indicator in November was $10 trillion for gold, $106 trillion for global stocks, $124 trillion for bonds, and $220 trillion for real estate.

In this scenario, BTC will be valued at $1.36 million. Its value will consist of the following components:

  • money transfers (50% of the market);
  • currency of emerging economies (10% of the total money multiplier M2 minus the top 4 countries);
  • means of settlement (25% of US banks);
  • state reserves (1% of the total);
  • an asset free from expropriation (5% of the wealth of the wealthiest citizens);
  • institutional investments (2.55% of the asset base);
  • reserve asset of corporations (5% of the value of companies whose shares are included in the calculation of the S&P 500 index);
  • digital gold (half of the market value of all mined gold).

Analysts predict BTC price to rise to $1.36 million by 2030

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Capitalization of Ethereum for the period under reviewcould grow 56 times to $22.5 trillion. ETH may compete for the status of global money as DeFi protocols crowd out traditional financial institutions. Another driver will be the further popularization of NFTs and stablecoins.

Analysts predict BTC price to rise to $1.36 million by 2030

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Joey Krug, co-chief investment officer of Pantera Capital, predicted that in 10-20 years, up to half of transactions will be on Ethereum.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.4
3 Exmo https://exmo.me 6.9
4 OKEx https://okex.com 6.5
5 Bybit https://bybit.com 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Additional features and services&#8212; futures, options, staking, NFT marketplace.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Analysts predict BTC price to rise to $1.36 million by 2030

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