VanEck предсказывает биткоин на уровне $644 000 благодаря золотому буму Headline: VanEck Predicts Bitcoin Surge to $644,000 Fueled by Gold Boom

A historic surge in gold prices could potentially push the value of Bitcoin to $644,000 per coin, as suggested by Matthew Sigel, head of digital assets at VanEck.

On October 7, the price of December gold futures on the New York Mercantile Exchange hit $4,000 for the first time. At the time of this writing, the precious metal is trading around $3,957 per ounce, according to TradingView.

Sigel remarked that following the upcoming Bitcoin halving, the cryptocurrency’s market capitalization might reach half of the total value of gold, highlighting its increasing importance as a store of value.

Notorious cryptocurrency critic Peter Schiff stated that the possibility of Bitcoin breaking its all-time high above $126,000 should not be seen as a cause for optimism. He pointed out that when converted into gold, Bitcoin’s value remains approximately 15% below its peak. Until the leading cryptocurrency hits $148,000, it is merely part of a rally within a bear market.

According to Joe Consorati, head of development at Theya, the further rise in gold prices enhances Bitcoin’s «fair» value to $1.34 million.

Sigel noted that about half of gold’s worth is derived from its role as a savings medium rather than from industrial or jewelry demand. Research indicates that younger consumers in emerging markets increasingly view Bitcoin as an alternative.

Lee added that a structural reallocation of institutional capital is currently taking place. Bitcoin’s share in investment portfolios could eventually approach gold’s historical allocation of 5-10%. This is supported by the increasing inflow of funds into spot Bitcoin ETFs and the growing proportion of the currency in corporate reserves.

In an environment characterized by rising budget deficits, increasing national debt, and loose monetary policies, both digital and physical gold are becoming vital instruments for capital preservation, according to Lee.

He stated that demand for such assets among investors will remain strong, and the first cryptocurrency will continue to gain traction as a means of safeguarding investments in an era of currency devaluation.

It is worth noting that in September, the World Gold Council launched a pilot project aimed at tokenizing the precious metal.