Bitcoin's market value surpasses $2 trillion, positioned to potentially replace gold as primary asset

From Investing.com

January 24, 2025 07:30:21 AM:

Bitcoin’s market value has surpassed $2 trillion, making up 11% of gold’s $18 trillion market value. CEO of Coinbase highlights Bitcoin’s unique advantages, positioning it as a superior alternative to gold due to its design features. Bitcoin’s digital advantages over gold include ease of verification, portability, and divisibility.

Bitcoin’s advantages over gold are becoming more apparent, with features like decentralization and scarcity making it a more reliable monetary asset. The potential for Bitcoin to replace gold as a primary global store of value and reserve asset for countries is gaining traction. Bitcoin’s market capitalization could surpass gold’s within the next five to ten years.

The concept of a Strategic Bitcoin Reserve for countries, starting with the U.S., could lead to broader adoption of Bitcoin as a crucial reserve asset. This shift could significantly increase Bitcoin’s market value and solidify its position in international finance. Growing institutional acceptance and Bitcoin’s stable price trajectory lay the foundation for this transformative vision in the next decade.

Read more at Investing.com: Bitcoin (BTC) to Surpass $18 Trillion Cap, Says Coinbase CEO By U.Today