Bitcoin Marketcap Is Now The Size Of Belgium's GDP
Money Geeks
English - December 28, 2020 16:29 - 33 minutes - 30.9 MBBusiness Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Today we take a look at the size of Bitcoin, inching every so closely to Berkshire Hathaway and smashing the sovereign nations' GDP. By market-cap, bitcoin is starting to take over not the just largest businesses, but the world. As Raul Pal said, bitcoin is truly eating the world. Pumping well over $28,000 and smashing records. Today we explore the potential that BTC will hit $30K before 2021 (yup only a few days left).
Additionally, we take a look at the second largest crypto: Ethereum and make consideration as to why and how it could grow to meet the derivative market. We follow in the footsteps of some of the others pointing this out to calculate how ETH price could grow to $7,000 per coin, eventually possibly reaching as much as $70K. And if this is true, how far will BTC go then.
So much excitement, so many possibilities.
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