1560: “Bitcoin Will Reach $6 Trillion Market Cap” - Fidelity

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Bitcoin News Alerts

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3.6 • 626 Ratings

🗓️ 23 February 2024

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Fidelity's Director of Global Macro Jurrien Timmer suggests that Bitcoin could amass a market value equivalent to a quarter of the "monetary gold" market, reaching the $6 trillion mark. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	In today's show, we'll be discussing Bitcoin ETF inflows recover as Bitcoin price currently near 51,000 support.
0:07.1	We'll also be discussing former U.S. President Trump no longer anti-Bitcoin says he can live with it in a recent press just the other night.
0:16.3	We'll also be discussing the European Central Bank officials blasting Bitcoin.
0:20.5	They say the fair value of Bitcoin
0:22.0	is still zero, even after the ETF approval. We'll also be discussing the Gig of Chad Michael
0:27.7	Saylor says he will be buying Bitcoin forever. It's going up forever, Laura. Here's why. We'll also be
0:35.0	discussing Tom Lee says Bitcoin is sound money naming three reasons why bitcoin
0:39.5	will tap 150,000 this year in 2024 we'll also be discussing one of the largest asset managers in
0:46.7	the world fidelity which controls four and a half trillion in assets under management jury and
0:52.6	timor suggests that bitcoin will reach a 6 trillion market cap.
0:57.9	But it gets more bullish than that.
0:59.4	Also predicting Bitcoin to hit $1 billion per coin by the year 2038, I'll be breaking down this bullish prediction from Fidelity.
1:08.5	We'll also be taking a look at the overall crypto market.
1:11.7	All this plus so much more in today's show. Thank you. prediction from Fidelity. We'll also be taking a look at the overall crypto market, all this,
1:14.1	plus so much more in today's show.
1:25.3	Yo, what's good, crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel
1:28.4	at Cryptonusalerts.net. Again, that's CryptoNewsalerts.com. Today is February 23rd. Happy Friday.
1:37.7	And yeah, today is pod episode 1,560. I'm your host JV, and we have a lot to share, so let's break it down.
1:45.6	As you can see with our market watch, Bitcoin's hovering at roughly 51,000 over on Coin360.
1:51.6	At the time of this live stream, Uni is like the biggest gainer, up a whopping 56%.
1:57.8	I don't know what is going on with Uniswap, but that's pretty impressive for 24-hour gains.
2:03.1	We also have Ether sitting above 2,900. It did tap 3,000 a few days ago and keeps flirting around
	...

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