{"id":18455,"date":"2024-11-10T13:32:01","date_gmt":"2024-11-10T11:32:01","guid":{"rendered":"https:\/\/forklog.com\/en\/vaneck-ceo-predicts-bitcoin-to-reach-300000\/"},"modified":"2024-11-10T13:32:01","modified_gmt":"2024-11-10T11:32:01","slug":"vaneck-ceo-predicts-bitcoin-to-reach-300000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/vaneck-ceo-predicts-bitcoin-to-reach-300000\/","title":{"rendered":"VanEck CEO Predicts Bitcoin to Reach $300,000"},"content":{"rendered":"<p>The price of the leading cryptocurrency will reach $300,000, according to VanEck CEO Jan Van Eck in an interview with CNBC.<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Market Navigator: Bitcoin will continue to hit all time highs, says Jan Van Eck\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/vl7zfkBBaI8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div>\n<\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;Bitcoin will reach a new all-time high today [November 8], and I think it will continue to rise. Ultimately, I believe Bitcoin&#8217;s market cap will reach half that of gold, which means about $300,000 per Bitcoin,&#8221; he stated.<\/cite><\/p><\/blockquote>\n<p>Van Eck described his forecast as &#8220;balanced.&#8221; According to him, maximalists are confident that the leading cryptocurrency <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-dips-to-67000-amid-trumps-bitcoin-2024-speech\">will surpass gold<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;Bitcoin is digital gold to me,&#8221; emphasized the CEO of VanEck.<\/cite><\/p><\/blockquote>\n<p>In August, he <a href=\"https:\/\/u1f987.com\/en\/news\/vaneck-ceo-predicts-bitcoin-could-reach-350000\">predicted digital gold at $350,000<\/a> when its market cap reaches half that of the primary precious metal. At that time, Van Eck revealed he had invested &#8220;more than 30%&#8221; of his capital in Bitcoin.<\/p>\n<p>Earlier, VanEck experts suggested that the leading cryptocurrency could <a href=\"https:\/\/u1f987.com\/en\/news\/vaneck-predicts-bitcoin-could-reach-2-9-million-by-2050\">rise to $2.9 million by 2050<\/a> amid its adoption as a global medium of exchange and reserve currency.<\/p>\n<p>In November, Fundstrat co-founder Tom Lee predicted Bitcoin would reach $100,000 by the end of 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of the leading cryptocurrency will reach $300,000, according to VanEck CEO Jan Van Eck in an interview with CNBC. &#8220;Bitcoin will reach a new all-time high today [November 8], and I think it will continue to rise. Ultimately, I believe Bitcoin&#8217;s market cap will reach half that of gold, which means about $300,000 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,783],"class_list":["post-18455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-vaneck"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=18455"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18454"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}