latest kraken benchmarks - CF Benchmarks Predicts Bitcoin to Reach $1.4M by 2035
Derived from DL News, a research firm backed by Kraken, CF Benchmarks, has projected that Bitcoin could reach $1.4 million by 2035. Analysts Gabriel Selby and Mark Pilipczuk stated in a report that Bitcoin may capture one-third of the global store-of-value market, rising 1,500% from its current price of $88,000. They noted Bitcoin's potential to improve long-term risk-adjusted returns and expand the efficient frontier for investors. Other industry figures, including Coinbase CEO Brian Armstrong and Arthur Hayes of BitMEX, have also predicted Bitcoin reaching seven figures in the coming years.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
