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-0.00030815374817671 0.00133533290876602 0.00125315857591884 0.000924461244530364 0.00527970088542854 0.00336914764673263 0.00766275653799539 0.00951167902705601
Stock impact report

Bitcoin Poised to Rise to $1.4 Million by 2035, Analysts Say—Or Much Higher [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
The probability-weighted model from analysts Gabriel Selby and Mark Pilipczuk at Kraken-owned company CF Benchmarks implies that Bitcoin would grab around 33% of gold's market capitalization, delivering an expected annualized return of 30.1%. “As institutional participation deepens, volatility is likely to continue compressing, while Bitcoin's exposure to monetary debasement supports persistently low correlations to most major asset classes, enhancing portfolio diversification,” the report reads It adds that improved regulatory clarity, institutional acceptance and deepening liquidity will increase the investability of the asset. While the base case forecasts a more than 1,500% gain over the next decade, the analyst's bull case for 2035 suggests the price of BTC could reach as high as $2.95 million per coin. In that scenario, the pair see Bitcoin as the dominant global store of value on account of institutional and sovereign adoption. The bear case keeps the asset in its hist Show less Read more
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