Bitcoin could soon be worth $10 trillion!

Ever since Bitcoin (BTC) resumed its rise above $25,000, prognostications from experts have been pouring in and optimism is high. The latest prediction is that the queen of cryptocurrencies could reach a market capitalization of $10 trillion. Even macro guru Dan Tapiero is convinced that this could come true.

Dan Tapiero predicts that Bitcoin’s market capitalization will reach $10 trillion!

Bitcoin continues to impress analysts, who predict a glorious future for the queen of cryptocurrencies. Its recent rise beyond $25,000 has raised excitement, and many analysts are predicting a continued rise in prices. Some see Bitcoin reaching $100,000.

Fund manager Dan Tapiero agrees! In an interview with Anthony Pompliano, Tapiero predicted that Bitcoin would reach a market capitalization of 10 trillion. He believes the cryptocurrency could break through its current $600 billion line to reach a 14-figure score.

“Somewhere between 5 – 8 trillion dollars. Do I think it can go to $10 trillion? Sure, absolutely. It can absolutely go to $10 trillion”

According to Dan Tapiero, the total value of all crypto assets is expected to increase by over 600% from current levels. For him, the crypto industry goes far beyond money, value storage, programmable contracts, decentralized finance (DeFi), non-fungible tokens (NFT) and stablecoins. It now includes everything.

And when it comes to the price of bitcoin, Tapiero believes it can reach a remarkable high of anywhere from $300,000 to $500,000.

“I’ve been saying the same thing for a while, and I think $300,000 to $500,000 is a good solid spot given the value of other assets in the world.” he says.

At the time of writing, the combined market capitalization of crypto assets was about $1.34 billion. There’s no guarantee that Tapiero’s prediction will come true. Nevertheless, bitcoin continues to prove its potential as traditional banks find themselves in trouble… To the moon!