VanEck Predicts Bitcoin Could Represent 10% of Global Trade by 2050

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

### VanEck Predicts Bitcoin Will Dominate Global and Local Trade by 2050

VanEck, a prominent investment management firm, anticipates that by the year 2050, Bitcoin could cover 10% of global trade and 5% of local trade. The firm also predicts that central banks may hold up to 2.5% of their assets in Bitcoin. According to VanEck, Bitcoin’s price could soar to $2.9 million per coin, with a total market capitalization reaching $61 trillion. This projection highlights a significant potential growth for Bitcoin ($BTC) in both the global economy and financial markets.

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