• 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

BNB Tokenomics and Price Predictions for 2026

chest

As BNB Chain enters 2026, analysts are examining its tokenomics and supply dynamics, which are crucial for determining BNB's price. Projections range from bearish scenarios of $600 to $800 to optimistic estimates of $1,500 to $2,100, influenced by market conditions and regulatory developments.

user avatarAndrew Smith

Q4 2025 Sees a Decline Across All Cryptocurrency Sectors.

chest

Grayscale characterizes Q4 2025 as a consolidation phase with negative returns across all six crypto sectors.

user avatarJacob Williams

Outset PR Revolutionizes Crypto PR with Data-Driven Methodology

chest

Outset PR has established itself as a leader in the crypto communications space by employing a data-driven approach that connects market events with meaningful storytelling.

user avatarZainab Kamara

Web3 Framework Supporting Automated Financial Systems for Robots.

chest

Web3 is providing the necessary infrastructure for autonomous robots to coordinate and transact on-chain.

user avatarSon Min-ho

Shibarium Suffers Major Attack, Leading to Price Drop

chest

Shibarium, Shiba Inu's Layer 2 blockchain, faced a significant attack that drained millions in assets, causing SHIB's price to drop.

user avatarNguyen Van Long

The Influence of eUSD on Transactions and Money Transfers.

chest

The launch of eUSD aims to reduce transaction costs and settlement times for international remittances.

user avatarKofi Adjeman

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.