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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

How Each Bitcoin Could Be Worth $4.8M, According To This Asset Management Firm

VanEck Investopedia

Asset management company VanEck said Bitcoin (CRYPTO: BTC) could touch $4.8 million should the digital asset emerge as a global reserve currency.

What Happened:  “Money has changed” in the wake of sanctions on Russia’s central bank, said VanEck analysts Eric Fine and Natalia Gurushina in a recent note titled, “How One Bond Manager Values Gold and Bitcoin.”

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