May 3, 2024

In a few years, the price of BTC will grow 10 times and overtake gold

In a few years, the price of BTC will grow 10 times and overtake gold

In the expert community, many «bitcoin bulls» periodically declare that in the future the largest digitalthe currency will be able to surpass gold in capitalization. In this case, the value of all bitcoins should exceed $10 trillion.

The report from Ark Invest also says that the capitalization of Bitcoin (BTC) in the medium term will indeed exceed the total cost of gold.

The authors of the study emphasized that over the next few years, the capitalization of bitcoin, which is now just over $ 1 trillion, will increase tenfold.

Senior Analyst at Ark Invest Yasin Elmanjra said:

«If you look at gold asmarket capitalization of $10 trillion, then Bitcoin represents only 10% of this amount. However, we believe that Bitcoin is better than this [gold] and it is safe to say that Bitcoin will capture gold's market share or even more.

The same expert also commented on the recent speech by US Treasury Secretary Janet Yellen, during which she criticized Bitcoin.

Elmanjra said that the head of the Ministry of Finance used outdated arguments when she said that criminals are using cryptocurrencies for money laundering.

Where is it more profitable to buy bitcoin? 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 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

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

  • Work reliability— 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.
  • 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.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

In a few years, the price of BTC will grow 10 times and overtake gold

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