• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin and Gold: Potential Market Value Parity

user avatar

by Giorgi Kostiuk

a year ago

Experts predict that Bitcoin may effectively compete with gold as a store of value, potentially leading to a significant increase in market value.

Gold Parity and Bitcoin’s Target

Bitcoin expert Tuur Demeester suggested that the cryptocurrency may surpass gold as a store of value. He believes that Bitcoin's price could reach $300,000, with a target range for investors between $800,000 and $1 million.

Gold parity will act like a magnet. In 2021, $100,000 acted as a magnet. Reach for the stars, land on the moon; maybe $300,000 – $400,000.Tuur Demeester

Additional Perspectives from Peter Brandt

Renowned trader Peter Brandt shared that the BTC/XAU pair will soon surpass the 35:1 resistance. He forecasts a long-term target of $6,500 for XAU and $850,000 for BTC.

Bitcoin or gold? The ultimate competition for being the store of value. The BTC/XAU graph indicates a target of 130:1.Peter Brandt

Current Market Status and Expectations

Currently, Bitcoin trades at around $79,000, with a market capitalization of $1.531 trillion. Analysts believe the competition with gold will continue to attract investor interest, strengthening Bitcoin's financial market position.

Bitcoin's competition with gold could lead to its wider acceptance as a store of value and increased market valuations, attracting more investor interest.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Crypto Wrench Attacks Rise by 75% in 2025

chest

Crypto wrench attacks have surged by 75% in 2025, with France leading in reported cases.

user avatarDiego Alvarez

Binance Under Investigation for Alleged Sanctions Violations

chest

Binance is under investigation for potential violations of US sanctions laws after reports of over $1 billion in transactions linked to Iran.

user avatarKenji Takahashi

Futures Open Interest Declines Significantly in Ethereum Market

chest

Significant decline in Ethereum's futures open interest with an 80 million ETH drop across major venues.

user avatarMaria Fernandez

Brazil's House of Representatives Proposes National Bitcoin Reserve

chest

Brazil's House of Representatives is exploring the establishment of a national Bitcoin reserve through Bill No. 4,501 of 2024.

user avatarGustavo Mendoza

CryptoQuant Report Indicates XRP Trading Volume Stabilization

chest

A recent CryptoQuant report analyzes XRP trading volume, indicating a balance between buyers and sellers.

user avatarRajesh Kumar

Analysts Highlight Key Indicators for Bitcoin's Market Bottom

chest

Analysts highlight significant price-based benchmarks indicating Bitcoin is in a long-term accumulation phase, with key indicators suggesting a favorable position for long-term investors.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.