BTC
USD 16,952.28
ETH
USD 1,254.47
LTC
USD 76.81
DASH
USD 45.43
XMR
USD 146.11
NXT
USD 0.00
ETC
USD 19.43
DOGE
USD 0.10
ZEC
USD 45.78
BTS
USD 0.01

Bitcoin Can Reach $100,000 in ‘Hypothetical’ Store of Value Boost, Goldman Sachs Says

0



Goldman estimates that the public holds about $2.6 trillion of gold for investment purposes, assuming a gold price of $1,800 per troy ounce. Bitcoin’s float-adjusted market capitalization is currently just under $700 billion, Pandl wrote, adding that this implies Bitcoin currently commands an approximate 20% share of the “store of value” (gold and Bitcoin) market.



Source link

Leave A Reply

Your email address will not be published.