Bitcoin To Emerge As ‘Premier Store Of Value Asset,’ Hit $1 Million By 2033, Says Bernstein
Posted On December 5, 2024
Bernstein Research forecasts Bitcoin (CRYPTO: BTC) will evolve into the premier “store of value” asset, ultimately supplanting gold over the next decade.
What Happened: The firm’s analysis emphasizes Bitcoin’s growing role in institutional investment portfolios and corporate treasury management, signaling its acceptance as a key player in global financial ecosystems.
“We expect Bitcoin to emerge as the new-age premier ‘store of value’ asset,” stated Bernstein analysts, adding that its integration into multi-asset allocations reflects a maturing perspective among global investors.
The report also anticipates Bitcoin becoming a standard for corporate …
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