The post Pro-XRP Lawyer Anticipates Bitcoin (BTC) Surging to $300K, Here’s Why appeared first on Coinpedia Fintech News
John Deaton, a prominent attorney representing XRP holders, has put forth an intriguing perspective on the future price of Bitcoin (BTC) by comparing its market capitalization to that of gold. With a significant following of over 276,300 Twitter users, Deaton raises the question of whether Bitcoin could achieve a market cap half the size of gold, potentially driving its price to around $300,000 — nearly ten times its current value.
Do you believe #Bitcoin will reach 1/2 the market cap of #Gold one day?
If it does, the price would reach 300K. That’s 10X from today’s price.
— John E Deaton (@JohnEDeaton1) June 24, 2023
This projection is based on Deaton’s belief that the current price of Bitcoin presents an attractive opportunity for long-term investors. He also points out the growing interest in Bitcoin, demonstrated by the high number of customer inquir
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