Wall Street Analyst Predicts Bitcoin's Possible Future: $5 Million and Dollar Replacement

Reported 1 day ago

A decade after predicting Bitcoin could hit $100,000, analyst Gil Luria now suggests there’s a small chance (1-2%) it could replace the U.S. dollar and reach $5 million per token. This new outlook comes as Bitcoin continues to overcome challenges and gain traction as a store of value and speculative trading asset. While the prospect of Bitcoin replacing the dollar sounds uncertain, its status as a hedge against inflation and potential long-term investment grows stronger.

Source: YAHOO

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