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Bitcoin Sparks Fierce Debate Over $5M Price Target and Dollar Debasement

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Gary Cardone sparked debate by calling a $5 million Bitcoin price target irresponsible due to an implied $105 trillion market cap.
  • Analysts Jesse Tevelow and Fred Krueger pushed back, arguing that fiat currency debasement and Bitcoin's fixed 21 million supply make ultra-high valuations viable long-term.
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