📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Wall Street Bernstein: Bitcoin will replace gold within ten years and skyrocket to $200,000 by the end of 2025.
Bernstein stated that BTC will replace gold as the leading store of value asset in the new era within the next ten years. The soaring institutional adoption and gradually clear regulation will drive the price increase. Bernstein reiterated that the BTC price will reach $200,000 by the end of 2025. BTC, considered as "digital gold" by encryption supporters, is often compared with traditional gold. When BTC broke the $100,000 mark yesterday, its BTCMarket Cap briefly exceeded $2 trillion, less than 9 times the $17.8 trillion gold market. Federal Reserve Chairman Powell stated that the real competitor of BTC is not the US dollar, but gold; Ark Invest CEO Cathie Wood also declared that the narrative of BTC is greater than gold. Bernstein: BTC will replace gold within the next ten years Against this backdrop, Wall Street investment bank Bernstein stated that BTC will replace gold's position in the world economy within the next ten years and believes that the $100,000 milestone is just a beginning. Bernstein stated that BTC being designated as a commodity, and the approval of BTCSpot ETF (especially after SEC's victory over Grayscale), further solidified its position. Currently, 10 global asset management companies operate BTC ETFs with a total scale of $108.2 billion, including BlackRock's over $50 billion IBIT fund, and institutional adoption of BTC is soaring. At the same time, Bernstein believes that ETFs provide a more convenient way for traditional investors to hold BTC, enhancing the attractiveness of BTC as a "store of value." In addition, following the successful acquisition of over $40 billion in BTC by MicroStrategy, more and more companies are starting to follow suit. With the future revisions to the Financial Accounting Standards Board (FASB) guidelines, it will be easier for companies to include BTC on their balance sheets, which may further promote corporate adoption of BTC. Therefore, Bernstein looks forward to a more optimistic view of more Wall Street investors and companies viewing BTC as a long-term investment, and expects its role in the global financial system to undergo a fundamental change. $200,000 by the end of 2025 On the regulatory front, Bernstein stated that the recent nomination of cryptocurrency advocate Paul Atkins as the SEC chairman by Trump signals a friendly shift in cryptocurrency regulation. Bernstein pointed out: Atkins' term may end the "enforcement regulation" era, attracting blockchain startups back to the US and promoting wider acceptance of digital assets. The company added that Atkins served as the US SEC chairman (2002-2008) and is a well-known advocate of cryptocurrency and blockchain technology. He also serves as the co-chair of the Token Alliance under the Digital Chamber of Commerce, focusing on the digital asset regulatory field. Bernstein stated that their belief in BTC transcends market fluctuations and believes that the increasing institutional adoption and gradually clear regulation will be the catalyst for unprecedented price increases of BTC. "We still believe that $100,000 is not the final milestone, and we expect BTC to reach a cycle high of $200,000 by the end of 2025," Bernstein summarized.