Opinion: The market value of the entire cryptocurrency may exceed that of gold in the next 10 years

Odaily reports that Elitsa Taskova, Chief Product Officer of the cryptocurrency lending platform , is more optimistic about Bitcoin's prospects in 2025 than the general consensus. Elitsa Taskova stated: "We believe that Bitcoin will more than double in value within a year, reaching $250,000. These forecasts are consistent with ongoing trends and social signals: there is growing recognition of Bitcoin as a store of value, and more exchange-traded products (ETPs) related to Bitcoin and cryptocurrencies are being widely adopted." She believes that in the long term, for example over the next decade, the entire cryptocurrency market capitalization will exceed that of gold. Elitsa Taskova added that supportive macroeconomic conditions, such as the major central banks' easing of monetary policy, may boost Bitcoin. Taskova said, "The Federal Reserve's balanced measures - managing interest rates and inflation while avoiding economic stagnation - will be key." She warned that, on the other hand, persistent inflation could also prompt the Federal Reserve to take a more hawkish stance. "As the US is a leader in the deployment of crypto-related capital, the Federal Reserve's interest rate decisions and US inflation dynamics may still be key factors influencing Bitcoin's price in 2025." (CNBC)