“Bitcoin’s Market Cap Will Go To The Trillions Range,” Analyst Calls Long Term BTC Value

Published by
“Bitcoin’s Market Cap Will Go To The Trillions Range,” Analyst Calls Long Term BTC Value

Crypto analyst Gabor Gurbacs, director at VanEck compares Bitcoin (BTC) to gold stating the top crypto could be headed to a trillion-dollar market capitalization in the near future even without reaching the “mass adoption” numbers publicized over the past few years.

In the past few weeks, the price of Bitcoin has been on a steady rise to $9,700 since hitting its year-to-date low of $3,800 earlier on March 12 leading to increased focus and media attention on BTC as it targets $10,000.

Advertisement

Bitcoin’s Growing Cohort Of Famous Followers

Over the weekend, the cryptocurrency Twitter community was set ablaze by Harry Potter’s legendary author, JK Rowling and Tesla’s and Space X founder and CEO, Elon Musk, exchange on Bitcoin. After a number of back and forth angling tweets from the author and the community, it is becoming clear that one of the major challenges that the currency faces in adoption is – education of the non-believers.

Despite the digital coin’s deficiencies in widespread education, a crucial component in boosting participation in the currency, Gabor Gurbacs, CEO, digital asset strategist/director at VanEck and cryptocurrency analyst believes BTC is not meant for everyone.

Advertisement

‘Bitcoin Will go to The Trillions Range’

On the possible future of Bitcoin, Gabor believes the top crypto is headed in the right direction as he compared to it to gold’s current low preference across portfolios. According to BMG Group reports, in 2016, only 0.51% of gold was held as a percentage of the overall financial assets with equity and debt flooding the financial markets.

Gabor said,

“Only roughly 1% of portfolios hold #gold and gold market cap is in the $8 trillion range!”

Given the current massive growth in Bitcoin’s price over the past decade in existence – with only about 640 million total addresses ever created – BTC offers huge promise even if the adoption remains moderate in the coming years. Gabor said.

“It’s not absurd to believe that Bitcoin will go to the trillions range even with moderate adoption.”

Advertisement

Share
Lujan Odera

Been in the field since 2015 and he still love everything blockchain and crypto! FC Barcelona fan. Author and journalist. Follow him at @lujanodera.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Experts Turn Bullish on Pudgy Penguins as PENGU Leads Meme Coin Buys on Solana

Crypto experts have begun to make bullish projections for Pudgy Penguins’ native token, PENGU. This…

October 5, 2025
  • 24/7 Cryptocurrency News

ASTER to Launch Phase 2 Airdrop on October 10 as Open Interest Tops $5B in Two Weeks

ASTER has announced that the roadmap for its second airdrop phase is set to begin…

October 5, 2025
  • 24/7 Cryptocurrency News

El Salvador’s Bitcoin Holdings Hit $475M Profit as BTC Becomes World’s 7th Largest Asset

El Salvador is now sitting on $482 million in unrealized gains in its Bitcoin holdings.…

October 5, 2025
  • Bitcoin News

Breaking: Bitcoin Hits New ATH Above $125k as ‘Uptober’ Kicks Off in Full Force

The Bitcoin price has hit a new all-time high, after staging a monstrous rally since…

October 5, 2025
  • Bitcoin News

99.3% of Bitcoin Supply in Profit, Analyst Warns of Short-Term Correction

Bitcoin (BTC) is in profit on almost all of its supply, leading to discussion by…

October 5, 2025
  • 24/7 Cryptocurrency News

Pro-Crypto Mike Selig Emerges As CFTC Chair Frontrunner, Gains Ripple CLO’s Endorsement

Pro-crypto Mike Selig is reportedly the frontrunner to become the next chair of the U.S.…

October 4, 2025