Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Latam Insights: Meliuz Purchases 274 BTC in Brazil; Argentine Wallets Face Potential Extinction

May 18, 2025

Tornado Cash dev’s attorneys say prosecutors hid exculpatory evidence

May 18, 2025

Panama City Eyes Bold Move With Potential Bitcoin Reserve

May 18, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Latam Insights: Meliuz Purchases 274 BTC in Brazil; Argentine Wallets Face Potential Extinction

    May 18, 2025

    Tornado Cash dev’s attorneys say prosecutors hid exculpatory evidence

    May 18, 2025

    Panama City Eyes Bold Move With Potential Bitcoin Reserve

    May 18, 2025

    Argentine Judge Orders Financial Disclosure of President Milei in LIBRA Fraud Case

    May 18, 2025

    $22,000,000,000,000 Market Cap in Store for Bitcoin (BTC) and Crypto, According to Billionaire Mike Novogratz

    May 18, 2025

    Mastermind Behind SEC SIM Swapping Scheme Sentenced to 14 Months in Prison for Manipulating Bitcoin Price

    May 18, 2025

    BTC price to $116K next? Bitcoin trader sees ‘early week’ all-time high

    May 18, 2025

    ‘Bitcoin Standard’ author backs funding dev to make spamming Bitcoin costly

    May 18, 2025

    There can never be too many L2s

    May 18, 2025

    Ethereum back to $3K in May? Latest rebound says ETH price ‘still has more gas’

    May 18, 2025

    Bitcoin breaks out while Coinbase breaks down: Finance Redefined

    May 16, 2025

    51% attack on Ethereum more difficult than on Bitcoin — Justin Drake

    May 16, 2025

    Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst

    May 16, 2025

    XRP price path to $3.40 remains intact — Here is why

    May 16, 2025

    Judge’s settlement rejection has no effect on legal victory

    May 16, 2025

    The emergence of Sonic and what it means for DeFi: Report

    May 16, 2025

    Latam Insights: Meliuz Purchases 274 BTC in Brazil; Argentine Wallets Face Potential Extinction

    May 18, 2025

    Tornado Cash dev’s attorneys say prosecutors hid exculpatory evidence

    May 18, 2025

    Panama City Eyes Bold Move With Potential Bitcoin Reserve

    May 18, 2025

    Argentine Judge Orders Financial Disclosure of President Milei in LIBRA Fraud Case

    May 18, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    Cryptocurrency Explained: 101 Beginner's Guide For 2025!!

    May 18, 2025

    3 Crypto Coins Getting Ready to EXPLODE! “This Will Shock People”

    May 17, 2025

    Bessent Revealed ALL: Trump's Crypto Plans & Trade Deals!

    May 17, 2025

    SOLANA WILL PUMP ON THIS DATE ($5 BILLION FTX PAYOUT)

    May 17, 2025

    It Started: Bitcoin About To Go INSANE

    May 16, 2025
ApeWatcher News
Home » ARK Invest ups its 2030 Bitcoin bull case prediction to $2.4M
ARK Invest ups its 2030 Bitcoin bull case prediction to .4M
Bitcoin

ARK Invest ups its 2030 Bitcoin bull case prediction to $2.4M

Coin TelegraphBy Coin TelegraphApril 25, 20250 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

Billion-dollar asset manager ARK Invest has raised its “bull case” Bitcoin price target from $1.5 million to $2.4 million by the end of 2030, driven largely by institutional investors and Bitcoin’s increasing acceptance as “digital gold.”

ARK’s “bear” and “base” case scenarios for the price of Bitcoin (BTC) were also bumped up to $500,000 and $1.2 million, ARK research analyst David Puell said in an April 24 report.

The new bear and base targets were bumped up from ARK’s $300,000 and $710,000 Bitcoin price predictions on Feb. 11.

ARK’s price projections were modeled on Bitcoin’s total addressable market (TAM), penetration rate — the percentage of Bitcoin’s TAM that it could capture in certain cases — and Bitcoin’s supply schedule.

ARK’s bear, base and bull case price targets for Bitcoin by Dec. 31, 2030. Source: ARK Invest

“Institutional investment contributes the most to our bull case,” said Puell, who estimated that Bitcoin would achieve a 6.5% penetration rate into the $200 trillion financial market in a best-case scenario (that figure excludes gold).

Bitcoin’s acceptance as “digital gold” was also a major contributor to the lofty estimate, with Puell estimating that it could capture up to 60% of gold’s $18 trillion market cap (2024 figures) by the end of 2030 in a bull scenario.

Bitcoin becoming a “safe haven” in emerging markets was the third-largest contributor to ARK’s $2.4 million bull case prediction at 13.5%.

“This Bitcoin use case has the greatest potential for capital accrual,” Puell said, pointing to Bitcoin’s ability to protect wealth from inflation and devaluation in developing countries.

Nation-state and corporate Bitcoin treasury strategies and Bitcoin financial services were also factored into ARK’s Bitcoin price projections.

Bitcoin use cases contributing to ARK’s Bitcoin price targets. Source: ARK Invest

ARK’s Bitcoin predictions are bold

A $2.4 million Bitcoin price tag would send Bitcoin’s market cap to $49.2 trillion, assuming that Bitcoin’s total supply will have reached 20.5 million by the end of 2030.

A $49.2 trillion valuation would be almost larger than the current gross domestic products of the US and China combined.

It would also put Bitcoin in a good position to overtake gold as the world’s largest asset, which currently boasts a market cap of $22.5 trillion.

Related: Cathie Wood to kick off El Salvador’s AI public education program

Even ARK’s bear and base targets of $500,000 and $1.2 million would mean Bitcoin needs to increase at a compounded annual growth rate of 32% and 53% by the end of 2030 — a return that isn’t achieved too often for assets that have already notched trillion-dollar valuations.

Since then, Bitcoin has recovered from a 2025 low of $75,160, soaring back up to the $94,000 range, while the Trump administration established a Strategic Bitcoin Reserve.

Magazine: Ethereum maxis should become ‘assholes’ to win TradFi tokenization race

Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

$22,000,000,000,000 Market Cap in Store for Bitcoin (BTC) and Crypto, According to Billionaire Mike Novogratz

May 18, 2025

Mastermind Behind SEC SIM Swapping Scheme Sentenced to 14 Months in Prison for Manipulating Bitcoin Price

May 18, 2025

BTC price to $116K next? Bitcoin trader sees ‘early week’ all-time high

May 18, 2025

‘Bitcoin Standard’ author backs funding dev to make spamming Bitcoin costly

May 18, 2025

Shares of Chinese Apparel Firm in Choppy Trading After Announcing $800,000,000 Bitcoin and Crypto Investment Strategy

May 17, 2025

A Dozen New Defendants Charged in Alleged RICO Conspiracy Tied to $263,000,000 Crypto Theft

May 17, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Latam Insights: Meliuz Purchases 274 BTC in Brazil; Argentine Wallets Face Potential Extinction

May 18, 2025

Tornado Cash dev’s attorneys say prosecutors hid exculpatory evidence

May 18, 2025

Panama City Eyes Bold Move With Potential Bitcoin Reserve

May 18, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.