Crypto
VanEck\'s Segal says bitcoin\'s $500,000 is a \'north star\' and must top half of gold\'s market cap
Bitcoin’s long-term rise to $500,000 could hinge on its relative value versus gold, with a key benchmark being half of gold’s market capitalisation, an analysis said. VanEck digital asset research head Matthew Segal said bitcoin’s upside path could form through competition with gold, while investors should assess market scale, portfolio role and macro trends. He also highlighted potential revaluation of miners as AI data centres intensify competition for power.
