Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

A closely followed cryptocurrency analyst and trader is unveiling what he believes will propel Bitcoin to his target of $58,000 per BTC.

Also global investment giant VanEck is predicting Bitcoin could surge by over 100X as hard currencies become less attractive reserve assets.

“The implied price of Bitcoin using the same aggregate M0 that we used for gold is around $1,300,000 per coin.

The implied price of Bitcoin using global M2 is $4,800,000 per coin.”

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The chief executive of crypto intelligence firm CryptoQuant identified one catalyst that could send Bitcoin to a $1 million price tag per BTC.

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In 2025, bitcoin is no longer just a niche investment but a geopolitical asset with central banks and governments all around the world all discussing a Strategic Bitcoin Reserve.

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The long-term outlook remains incredibly bullish for Bitcoin enthusiasts, including VanEck. The ETF and Mutual Fund Manager predicts the king cryptocurrency (BTC) reaching between $1.3 million - $4.8 million if it becomes the global reserve asset.

"Asset manager Van Eck says the Bitcoin price implied by global M0 and M2 is between $1,300,000 and $4,800,000 if it replaces fiat currency reserves as the next global reserve asset." - Mike Alfred

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Veteran investor Mark Mobius, the founder of Mobius Capital, expects the Bitcoin (BTC) price to fall to $10,000. Nonetheless, he said: “Crypto is here to stay as there are several investors who still have faith in it.”

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