FinancialfocusHub.com
  • Home
  • Crude Oil
  • Cryptocurrency
  • Forex
  • Funds
  • Gold
  • Insurance
  • News
  • Stocks
No Result
View All Result
  • Home
  • Crude Oil
  • Cryptocurrency
  • Forex
  • Funds
  • Gold
  • Insurance
  • News
  • Stocks
No Result
View All Result
FinancialfocusHub.com
No Result
View All Result
ADVERTISEMENT

Bitcoin May Surpass Gold’s Market Cap by 2025, Says Bitget CEO

Alice by Alice
2025-02-25
in News
Forex30

Forex30

ADVERTISEMENT

Bitcoin is evolving rapidly, and it could surpass gold in market capitalization by the end of 2025, according to Bitget CEO Gracy Chen.

Bitcoin’s Market Growth Potential

In a recent discussion with Rob Nelson on Roundtable, Chen highlighted how the cryptocurrency market is transforming. This change is driven by increasing institutional adoption, evolving regulations, and new use cases for digital assets.

ADVERTISEMENT

Chen confidently stated, “Bitcoin will definitely surpass gold in terms of market cap, at least for a while, maybe in this year or the next few years.” She added that this shift could mean Bitcoin’s price may grow two to three times its current value.

ADVERTISEMENT

As of now, Bitcoin’s market capitalization is around $1.87 trillion, with Bitcoin (BTC) trading at approximately $94,210. In comparison, gold’s market cap is estimated at $19.9 trillion, based on a price of $2,963 per ounce and global gold reserves.

ADVERTISEMENT

For Bitcoin to match gold’s market cap, it would need to grow by about 965%—roughly 10.65 times its current market value.

Bitcoin’s Evolving Role in the Financial Landscape

Chen also discussed how Bitcoin’s role has shifted over time. Initially seen as “digital gold,” Bitcoin was regarded as a safe-haven asset. However, with the approval of spot Bitcoin ETFs in 2024, it has become more correlated with traditional financial markets.

“In the early days, Bitcoin was considered digital gold. Right now, it’s still digital gold in my opinion,” said Chen. “But now it’s more of a risky asset, and it correlates much more with the US stock market than before.”

Chen believes institutional adoption has been a key factor in this shift. “There are much more incoming flows from the traditional finance space through ETFs,” she explained. “After 2024, the majority of the growth will come from the US, driven by ETF inflows, outflows, and new regulations under the current administration.”

Blockchain’s Potential Beyond Cryptocurrency

Despite the volatility of the cryptocurrency market, Chen remains optimistic about blockchain’s broader applications. She emphasized how blockchain is already enhancing efficiency, particularly in payments.

“Compared to traditional payment systems, especially for cross-border transactions, using blockchain is much easier, cheaper, and more efficient,” she said.

Chen also sees potential for blockchain in the field of artificial intelligence (AI). However, she cautioned that many of today’s so-called “AI tokens” in the crypto space are unsustainable.

“In the Web2 world, we see companies like SIK from China, ChatGPT, and Google’s Gemini innovating with real-world use cases,” she noted. “In crypto, we need to see similar use cases for AI to demonstrate blockchain’s true value.”

As blockchain technology continues to evolve, it is likely to play a significant role in transforming industries beyond just cryptocurrency trading.

Related topics:

  • How Much Money Do You Need to Trade Forex?
  • How Many USD Are in Circulation?
  • What is the Rate of USD to ZAR?
ADVERTISEMENT
Previous Post

How Much Is Stake Cash Worth in USD?

Next Post

Robinhood, Coinbase, and OpenSea See Relief as SEC Eases Crypto Crackdown

Alice

Alice

Related Posts

Policy Interpretation | Seven Departments Unveil Comprehensive Measures to Accelerate Sci-Tech Finance System Development
News

Policy Interpretation | Seven Departments Unveil Comprehensive Measures to Accelerate Sci-Tech Finance System Development

2025-05-15
China Expands “Swap Connect” with 30-Year Swaps and LPR Products to Deepen Financial Market Opening
News

China Expands “Swap Connect” with 30-Year Swaps and LPR Products to Deepen Financial Market Opening

2025-05-15
Gold Drops 2% to Below $3200 an Ounce
Gold

Gold Drops 2% to Below $3200 an Ounce

2025-05-15
Small AI Firm Bets $300 Million On Bitcoin And Trumpcoin
News

Small AI Firm Bets $300 Million On Bitcoin And Trumpcoin

2025-05-15
Tariffs Cause ‘lost Year’ For Housing Market, Economist Says
News

Tariffs Cause ‘lost Year’ For Housing Market, Economist Says

2025-05-15
China’s Inclusive Finance: Powering Innovation in the New Quality Productive Forces
News

China’s Inclusive Finance: Powering Innovation in the New Quality Productive Forces

2025-05-14
RMB Strengthens as China-U.S. Trade Tensions Ease
News

RMB Strengthens as China-U.S. Trade Tensions Ease

2025-05-14
China Launches 2025 SME Financial Support Initiative
News

China Launches 2025 SME Financial Support Initiative

2025-05-14
Building a World-Class Treasury System: China’s Path to Financial Resource Integration
News

Building a World-Class Treasury System: China’s Path to Financial Resource Integration

2025-05-14
Next Post
Funds26

Robinhood, Coinbase, and OpenSea See Relief as SEC Eases Crypto Crackdown

Stocks20

Stock Market Today: Dow, S&P 500, Nasdaq Futures Waver as Trump Tariffs Loom

Stocks30

Hong Kong, Asian Stocks Drop as US Pressures China: Markets Wrap

Popular Articles

Sterling Rises Before Uk Growth Data
Forex

Sterling Rises Before Uk Growth Data

by jingji05
2025-05-15

The British pound advanced in European trading Thursday, recovering from a mid-week dip as investors positioned themselves ahead of crucial...

Universal Life Insurance vs. Whole Life Insurance: What’s The Difference?

Universal Life Insurance vs. Whole Life Insurance: What’s The Difference?

2025-05-10
What Is The Base Currency In EUR/USD And What Does It Do?

What Is The Base Currency In EUR/USD And What Does It Do?

2025-05-14
How Much Is 1 Pip In Forex?

How To Convert Gbp To Usd In Paypal: A Step-By-Step Guide

2025-05-13
5 Key Considerations When Buying Stocks

5 Key Considerations When Buying Stocks

2025-05-11
Sterling Sharpens Losses to Three-Week Trough on Interest Rate Gap

Sterling Sharpens Losses to Three-Week Trough on Interest Rate Gap

2025-05-11
Aussie Shines After Strong Labor Data

Aussie Shines After Strong Labor Data

2025-05-16
Trump’s 1977 Tariff Law And The Court Battle That Stopped Him

Trump’s 1977 Tariff Law And The Court Battle That Stopped Him

2025-05-13

Recent Posts

Aussie Shines After Strong Labor Data
Forex

Aussie Shines After Strong Labor Data

by jingji05
2025-05-16

The Australian dollar climbed during Asian trading on Thursday, building momentum against the US dollar as stronger-than-expected employment figures reduced...

Policy Interpretation | Seven Departments Unveil Comprehensive Measures to Accelerate Sci-Tech Finance System Development

Policy Interpretation | Seven Departments Unveil Comprehensive Measures to Accelerate Sci-Tech Finance System Development

2025-05-15
Nationwide Crackdown on Insurance Fraud Nets 1.5 Billion Yuan in Major Cases

Nationwide Crackdown on Insurance Fraud Nets 1.5 Billion Yuan in Major Cases

2025-05-15
China Expands “Swap Connect” with 30-Year Swaps and LPR Products to Deepen Financial Market Opening

China Expands “Swap Connect” with 30-Year Swaps and LPR Products to Deepen Financial Market Opening

2025-05-15
China Establishes National Standards for Elderly-Friendly Insurance Services

China Establishes National Standards for Elderly-Friendly Insurance Services

2025-05-15
How Long Does an Accident Stay on Your Insurance in California?

How Long Does an Accident Stay on Your Insurance in California?

2025-05-15
How Long Do You Have to Get Insurance After Buying a Used Car in California?

How Long Do You Have to Get Insurance After Buying a Used Car in California?

2025-05-15
How Long Do You Have to Report an Accident to Insurance in California?

How Long Do You Have to Report an Accident to Insurance in California?

2025-05-15

Cryptocurrency

Cryptocurrency27

NFT Marketplace X2Y2 to Shut Down After Three Years as Trading Volume Plummets

2025-04-04
Cryptocurrency

Elon Musk Denies U.S. Government Plans to Use Dogecoin, Cryptocurrency Drops 3%

2025-04-01
Cryptocurrency

Gold Bull Peter Schiff Bets on Bullish Gold Amid Bitcoin’s Struggles

2025-03-30
Cryptocurrency

Fidelity Plans to Launch Spot Solana ETF

2025-03-29
Cryptocurrency

BlackRock Launches Bitcoin ETP in Europe: A Key Step for Institutional Adoption

2025-03-28
Cryptocurrency

Closing Bell Movers: GameStop Gains 7% on Earnings, Bitcoin Announcement

2025-03-27
FinancialfocusHub.com

FinancialFocusHub.com is your gateway to insightful financial guidance and strategies. Explore expert advice on investing, saving, and managing wealth. Stay informed with the latest trends and tools to empower your financial journey.

Recent Posts

  • Aussie Shines After Strong Labor Data 2025-05-16
  • Policy Interpretation | Seven Departments Unveil Comprehensive Measures to Accelerate Sci-Tech Finance System Development 2025-05-15
  • Nationwide Crackdown on Insurance Fraud Nets 1.5 Billion Yuan in Major Cases 2025-05-15
  • China Expands “Swap Connect” with 30-Year Swaps and LPR Products to Deepen Financial Market Opening 2025-05-15
  • China Establishes National Standards for Elderly-Friendly Insurance Services 2025-05-15

TAGS

Useful Links

ABOUT US

Disclaimer

Privacy Policy

Copyright © 2024 financialfocushub.com

No Result
View All Result
  • Home
  • Forex
  • Insurance
  • News
  • Stocks

Copyright © 2024 FinancialFocusHub.com is your gateway to insightful financial guidance and strategies. Explore expert advice on investing, saving, and managing wealth. Stay informed with the latest trends and tools to empower your financial journey.