Bitcoin can still take market share from gold as a part of broader adoption of digital assets, creating the customarily touted value prediction of a $100,000 by advocates an opening, in keeping with nihilist Sachs cluster.

Goldman estimates that Bitcoin’s float-adjusted capitalisation is simply below $700 billion. That accounts for 200% share of the “store of value” market that it aforesaid is comprised of Bitcoin and gold. the worth of gold that’s on the market for investment is calculable at $2.6 trillion.