Bitcoin vs Gold: VanEck Says the Digital Asset Could Take Half the Throne

Core Viewpoint - Bitcoin (BTC) is projected to capture half of gold's market capitalization, potentially reaching an equivalent value of $644,000 per BTC after the next halving cycle in April 2028, driven by factors such as persistent inflation and a devaluation of the dollar [1][5][3]. Market Trends - Both Bitcoin and gold are experiencing significant price increases, with Bitcoin recently surpassing $126,000 and holding strong at $123,611 despite a modest correction [5][6]. - The optimism in the market suggests that Bitcoin could reach $150,000 by the end of the year, with some forecasts even predicting a target of $200,000 [7]. Generational Shift - Younger generations, particularly in emerging markets, are increasingly favoring Bitcoin over gold as a store of value, indicating a potential shift in market share from gold to Bitcoin [4]. Price Performance Analysis - The current price movement of Bitcoin is critical, with a need to break out of the $120,000-$125,000 range to confirm the sustainability of the rally. A healthy correction could occur, with a potential drop to around $109,000 being seen as a positive sign for future growth [8].