Bernstein: Bitcoin Expected to Become a Global Macro Political Asset, Valued at Over $3 Trillion
Brokerage firm Bernstein stated in a research report on Monday that Bitcoin is expected to become a global macro-political asset, with a market capitalization exceeding $30 trillion, doubling by the mid-2025. Bernstein pointed out that the fundamentals of Bitcoin have never been better, with 70% of the outstanding supply not being traded in the past year. Analysts led by Gautam Chhugani wrote, “This is the highest level in Bitcoin's history.”
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