Bitcoin Bull: Bill Miller III Sees $3 Trillion Market Cap in 2025

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 44 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Finance News

Bitcoin,Cryptocurrency,Bill Miller III

Bill Miller III, a renowned hedge fund manager, predicts a bullish future for Bitcoin, envisioning a market cap of $3 trillion by 2025. He remains confident in Bitcoin's long-term potential despite past challenges, citing its potential to become a dominant force in finance.

that the People’s Bank of China would start cutting interest rates in order to shore up the country's struggling economy.Mind-Blowing XRP Recovery: $3 Target Again? Solana on Verge of Breakthrough, Ethereum About to Get Tested

As of now, the industry consensus appears to be that the U.S. potentially creating a strategic Bitcoin reserve could be the ultimate catalyst that the bulls need to outperform in 2025. Last month, he criticized Bloomberg's anti-Bitcoin op-ed, that a corporate owner of the reserve currency could become the biggest financial services company in the world, outpacing the likes of JPMorgan.His father, Bill Miller III, is also a longtime Bitcoin supporter.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines