Bitcoin’s Market Cap Could Reach Half of Gold’s Post-Halving, Expert Claims

VanEck’s Matthew Sigel predicts that Bitcoin’s market capitalization could reach half the value of gold following the upcoming halving event. This prediction stems from the fact that approximately half of gold’s current worth is attributed to its role as a store of value, not due to industrial or jewelry demand. Research indicates growing interest in Bitcoin for this purpose, particularly among younger consumers in emerging economies. According to Sigel’s analysis, if Bitcoin’s price matches this prediction, each Bitcoin would be valued at approximately $644,000 based on current gold prices.