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via The Block · By The Block Editorial

VanEck says Bitcoin could hit $1 million in five years, likens adoption to video games

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The Block Editorial
(07:49 PM UTC)
1 min read
SC
Approved bySarah Chen
1388 views
0 comments

When pushed to specify how soon he thinks bitcoin could hit $1 million, VanEck’s Head of Digital Assets Research Matthew Sigel told CNBC that it could happen within just five years.

"Half a decade, I think is possible," said Sigel in an interview on Wednesday. "When you look at the demographic trends and the intentions of young investors to allocate to Bitcoin."

It is an optimistic target given…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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