JP Richardson, CEO of public crypto company Exodus, shared a striking price prediction for Bitcoin (BTC) in an interview with CNBC.
The senior executive stated that he expects Bitcoin to surpass the $200,000 level next year, while predicting that its market value will surpass that of gold in the long term.
The CEO noted that, based on the current market cap, Bitcoin has a market capitalization of approximately $1.8 trillion, while gold stands at $18 trillion. He added that closing this gap would potentially see Bitcoin surge tenfold, potentially pushing its price into the $900,000–$1,000,000 range. “Whether we'll see $1 million in a few years isn't certain, but I expect the $200,000 level to be surpassed by 2026,” he said.
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