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Bitcoin could reach $1.6 million by 2036, but 82% of the forecast rests on one bet

By Gino Matos

About 82% of its modeled valuation comes from gold-and-Bitcoin demand, exposing a sharp divide with JPMorgan’s return assumptions. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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