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Arthur Hayes, co-founder of BitMEX, predicts Bitcoin could surge to $1 million within three to five years, driven by increased institutional adoption and a fixed supply of 21 million coins. He argues that as governments expand their money supply, more investors will view Bitcoin as a hedge against inflation, leading to a significant rise in demand and price. Currently trading at $94,403, Bitcoin's potential growth is fueled by a growing number of long-term holders and retail investors reallocating retirement funds into the asset.
Tom Bilyeu
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
bitcoin could surge to one million dollars in five years according to expert
21:00 11.01.2025
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