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Stock impact report

Bitcoin still has the potential to reach $2 million: experts [Yahoo! Finance]

BIT Mining Limited ADS (BTCM) 
Company Research Source: Yahoo! Finance
hit $2 million in a short timespan, driven by institutional adoption, regulatory shifts, and inflationary pressures. "Bitcoin's trajectory has consistently defied expectations, and while a $2 million price by 2030 is an aggressive target, it's not outside the realm of possibility," Dr. Arman Meguerian, CEO of Bitcoin investment platform Timestamp, told TheStreet Crypto. Proponents argue that increasing regulatory clarity in the U.S. and Bitcoin's role as a global store of value make the price jump increasingly likely. Jagdeep Sidhu, president of the Syscoin Foundation, envisions Bitcoin becoming the backbone of global finance: “It would absorb trillions in value as weaker assets disappear,” Sidhu tells TheStreet Crypto. The Institutional Bet on Bitcoin "Bitcoin's potential path to $2 million by 2030 is fueled by positive regulatory changes, institutional adoption, and its track record as one of the best-performing assets of the past decade," CoinFlip CEO Ben Weiss tells TheS Show less Read more
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