Mark Yusko: Bitcoin is expected to replace gold and predicts BTC's price will reach 6 figures

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Mark Yusko: Bitcoin is expected to replace gold and predicts BTC's price will reach 6 figures

2022/12/5

According to reports, in a new interview with Stansberry Research, Morgan Creek Digital senior hedge fund manager Mark Yusko predicted that Bitcoin (BTC) will eventually replace gold, predicting that Bitcoin will reach six-figure prices, mainly due to Its superior divisibility and portability. Based on the monetary value of gold, he set a long-term price target of roughly $250,000 for BTC.

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Mark Yusko: Bitcoin is expected to replace gold and predicts BTC's price will reach 6 figures