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CF Benchmarks projects Bitcoin could hit $2.95M by 2035

CF Benchmarks projects Bitcoin could hit $2.95M by 2035

Photo: CF Benchmarks

Kraken subsidiary says BTC can improve portfolio efficiency with 2–5% allocation, projecting scenarios up to $2.95M based on adoption.

by Estefano Gomez

1 min read

In Bitcoin

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Bitcoin (BTC) price

Full chart and stats

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Market cap
$1.6T
24h volume
$65.6B
Circulating supply
20.1M BTC

CoinGecko data as of Oct 30, 4:05 AM EDT.

CF Benchmarks projects Bitcoin could reach $1.5 million by 2035 in a new report, with the forecast based on the cryptocurrency’s expanding share of the store-of-value market, fixed supply, and sensitivity to monetary conditions.

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If Bitcoin surpasses gold as a store of value, the firm projects the price could reach $2.95 million by 2035.

The benchmark provider’s analysis focuses on Bitcoin’s position in the broader store-of-value market and its monetary characteristics as key drivers for the price projection.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.

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