Bitcoin Market Set to Reach $200 Trillion, According to Experts
Bitcoin's market cap is currently around $1.867 trillion, with predictions suggesting it could grow to $100-$200 trillion, pushing Bitcoin’s price per unit near $10 million. Adam Back, CEO of Blockstream, highlighted how companies like MicroStrategy are leveraging the gap between current and future value to make sustainable, scalable transactions.
This growth is aligned with the concept of Hyperbitcoinization, where $BTC becomes the world's reserve currency, driven by increasing distrust in traditional financial systems and inflation vulnerability. Back also noted that Bitcoin's price historically outperforms inflation and interest rates every 4 years, fueling this trend.
Global companies are actively acquiring Bitcoin, with MicroStrategy earning $5.1 billion this year and MetaPlanet, a Japanese investment firm, holding 5,000 BTC. U.S. banks are also accelerating their Bitcoin adoption.
