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VanEck Predicts Bitcoin Could Reach $2.9 Million In New Long-Term Capital Report
TL;DR:
According to an ambitious research study published by asset manager and cryptocurrency exchange-traded fund (ETF) issuer VanEck, Bitcoin (BTC) could potentially reach a staggering price of $2. 9 million per coin by 2050.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.