$1M Bitcoin Forecast from Circle CEO

Jeremy Allaire, CEO of Circle, the maker of USD Coin (USDC), the second largest stablecoin by market capitalization, said he thinks bitcoin (BTC) will surpass gold by market cap, and the price will eventually reach $1 million.

Circle co-founder and CEO Jeremy Allairenot long ago inseder in an interview with stablecoins, SPACs and SEC talked about. also bitcoin’s market cap will exceed below and will cost $1 million made a long-term forecast.

in the interview that crypto has revolutionized the entire economic system saying AllaireWhen he made his first bitcoin transaction, his reaction was, “Wow, that could change everything.” said that.

Stating that he is not a Bitcoin fan, the CEO;

If you want a price prediction, in my view we will definitely see a bitcoin price of $1 million over time.

said.

“For Bitcoin”digital goldExpressing that he does not like the analogy, Allaire said that gold obsolete as a medium of investment, of limited value as a medium of exchange, and does not benefit modern society as a form of money. told. Therefore that the demand for bitcoin will be much higher compared to gold He said he was thinking.

Recently Catherine Woodscompany founded by Ark Invest In the report published by the bitcoin price 2030 until the year 1 million dollars one can pass market value-price analysis had taken place.

Bitcoin (BTC) May Exceed $1 Million by 2030 According to Ark Invest Report

Related article: Bitcoin (BTC) May Exceed $1 Million by 2030 According to Ark Invest Report

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