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Global Bitcoin Adoption Pushes Potential for $850K Milestone by 2025
The rapid adoption of Bitcoin has sparked a new wave of excitement in the cryptocurrency market. According to Taylor, the phenomenon is often referred to as an “infinite money glitch.” This surge in popularity comes as institutions and governments increasingly turn their attention to the digital asset.
Recently, BlackRock, one of the largest asset managers worldwide, urged customers to allocate 2% of their portfolios towards Bitcoin. While this may seem like a small percentage for high-net-worth individuals, the collective impact on the market capitalization of Bitcoin is revolutionary. If the cryptocurrency reaches the $13 trillion market cap of gold, the projected price of $850,000 per coin becomes significantly more plausible.
The clock is ticking for individual investors to take action before institutions and governments secure their positions in the digital asset. The fear of missing out (FOMO) has spread globally, affecting not only cryptocurrency enthusiasts but also mainstream investors.
As a result, it’s crucial for people to dollar-cost average into Bitcoin, regardless of temporary price fluctuations. Waiting until the price has skyrocketed could lead to regret over lost opportunities. The popular video series “Simply Bitcoin” serves as a poignant reminder of this danger, cautioning viewers against being the person who says, “I thought about buying Bitcoin in 2024 but spent it on an air fryer instead.”
For those looking to preserve their generational wealth, time is running out as Bitcoin’s acceptance accelerates and its potential role as a global reserve currency draws closer. As of this writing, BTC trades at approximately $106,739.74, up 2.65% over the past 24 hours and has established a new all-time high of $107,780.58.
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Source: www.crypto-news-flash.com
