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

BTC

BTC/USDT

$63,478.00

-0.39%

$63,478.00

-0.39%

(24s)

24h Volume

$11,747,039,144.76

24h H/L

$64,500.00 / $63,310.34

Change: $1,189.66 (1.88%)

Long/Short

65.3%

Long: 65.3%Short: 34.7%

Funding Rate

+0.0047%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,485.14

▼ -0.18%

Volume (24h): -

Resistance Levels

Resistance 3$65,608.38

Resistance 2$64,816.60

Resistance 1$63,828.39

Price$63,485.14

Support 1$62,837.35

Support 2$61,373.77

Support 3$57,800.19

Pivot (PP):$63,784.48

Trend:Sideways

RSI (14):45.6

### 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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