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Bitcoin (BTCUSD) Soars on Institutional Inflows and Growing Shift from Gold as Store of Value

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The Story

News Summary

  • VanEck highlights Bitcoin’s rising appeal as a store of value among younger investors, projecting long-term adoption that could rival gold, with prices potentially reaching $2.9m by 2050 driven by institutional inflows, Layer-2 upgrades, and shrinking supply.
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XAUUSD price history

4333.40 -9.07% over the displayed period

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