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Renowned stock picker believes Bitcoin will eclipse gold’s $10T market cap

Cryptocurrency (Apr 05, 2021 07:20AM ET)Renowned stock picker believes Bitcoin will eclipse gold’s $10T market cap

Renowned stock picker believes Bitcoin will eclipse gold’s $10T market cap

Ark Invest believes Bitcoin’s (BTC) market capitalization will one day “comfortably eclipse” that of gold, and exceed $10 trillion, reports the London Times.

Headed up by veteran stock picker Cathie Wood, analysts at Ark believe Bitcoin’s $1 trillion value is set to rise tenfold in the coming years, as it moves from being a fringe asset to a mainstream financial tool.

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