In recent years, the idea of Bitcoin reaching $1 million has gained significant traction. Leading experts and entrepreneurs in the cryptocurrency sphere discuss the factors contributing to such growth.
Wall Street's Role in Bitcoin
At the recent Bitcoin 2025 event, chairman Michael Saylor noted that if Wall Street allocated 10% of its capital to Bitcoin, the price could reach $1 million per coin. He emphasized that such an investment would amount to $20 trillion, making hostile takeovers economically impossible.
Optimistic Predictions from Investment Firms
Blockstream CEO Adam Back suggests that even a 2% allocation from major asset managers like BlackRock would be enough to reach the targeted price. ARK Invest has also revised its price prediction for BTC to $1.2 million by 2030, citing growing institutional support for Bitcoin.
Current Price Dynamics of Bitcoin
Currently, Bitcoin is trading at $105,466, reflecting a 0.6% increase from last week, where it hit a new record at $111,814. Over the last month, BTC has shown a 2.1% growth, and on a yearly basis, it increased by 52.2%.
Experts' predictions regarding Bitcoin's value continue to excite the crypto community. Institutional investments and the backing of major financial institutions may significantly impact the near future of this cryptocurrency.
