Bitcoin bigger than Gold by 2025

Bitcoin’s market cap is $650 billion.

Just for perspective here is the market cap of other well known entities.

Gold: $10 trillion

Apple: $2.2 trillion

Facebook: $770 billion

In 2021 Bitcoin might be bigger than Apple and Facebook, and in the next 5 years probably bigger than Gold.

For Bitcoin to equal Apple’s current market cap Bitcoin’s price have to be $120,000. For me that is achievable, and I’ve explained why I’m bullish on Bitcoin.

It will be a stretch for Bitcoin to reach Gold’s market cap. Currently the US government is printing trillions of dollars to save the economy after the devastations of the covid pandemic.

The printing of money is devaluing the US dollar.

The US dollar has been the prefered reserve currency for over a century, however people and companies are moving their money into Gold and Bitcoin. MicroStrategy are a first mover and have converted $1.1 billion of their balance sheet’s cash into Bitcoin.

It will take a Bitcoin price of around $500,000 to equal’s Gold’s market cap, and I think that is very much achievable in the next 5 years with more companies converting their cash into Bitcoin.