Crypto
Veteran investor Rick Edelman says bitcoin could hit $500,000 by 2030
Veteran investor Rick Edelman said bitcoin is likely to reach $500,000 by 2030. He said the estimate is conservative, noting some experts see prices rising above $1 million. Edelman argued most investors still do not hold bitcoin and that participation by governments, sovereign wealth funds and other institutions will increase as the crypto market matures. He said a 1 percent allocation from global assets could lift bitcoin to $500,000.
