$10,000,000,000,000 Market Cap for Bitcoin Can Absolutely Happen, Says Macro Guru Dan Tapiero – Here’s Why

Macro guru and fund supervisor Dan Tapiero is expressing bullish sentiment on Bitcoin (BTC) with a prediction that the market cap of the flagship crypto asset may hit 14 figures.

In a brand new interview with Anthony Pompliano, Tapiero says that he sees the market cap of Bitcoin reaching as much as $10 trillion from just below $600 billion at present.

“Someplace between $5 – $8 trillion. Do I believe it may go to $10 trillion? Positive, completely. It completely can go to $10 trillion.”

In accordance with the macro guru and fund supervisor, Bitcoin is more likely to hit a value of as much as half 1,000,000 {dollars} below the present world financial circumstances.

“I’ve been saying the identical factor for some time, and I believe $300,000 to $500,000 is an effective stable place you recognize given the worth of different property kind on the earth.”

Bitcoin is buying and selling at $30,838 at time of writing.

As for the mixed worth of all crypto property, Tapiero says the full market cap will soar by over 600% from the present ranges.

“My unique thought was the area was going to go to $10 trillion in worth. That’s from $300 billion, it was a 30x in 10 years.

I believe that’s going to be incorrect now. I believe the area might be going to go a lot increased than $10 trillion as a result of it’s beginning to embody all the pieces, proper?

It’s not simply cash, retailer of worth, programmable contracts, DeFi (decentralized finance), NFTs (non-fungible tokens), stablecoins it’s all the pieces.”

The full crypto market cap is roughly $1.34 trillion at time of writing.

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