https://www.thenakamotoproject.org/
A recent report from The Nakamoto Project highlights a significant shift in asset ownership among American adults, with Bitcoin surpassing gold as the more widely held asset. According to the data, approximately 49.6 million U.S. adults now own Bitcoin, equating to 18.6% of the adult population, compared to 28.8 million (or 10.8%) who hold gold. This shift occurs despite Bitcoin’s relatively short 16-year history compared to gold’s 5,000-year legacy. The report, compiled by financial services firm River, suggests that Bitcoin may be emerging as a preferred reserve asset in the U.S. even though its price has declined by about 10% over the past year.
In the context of market predictions, the increase in Bitcoin ownership could serve as a potential catalyst for price movements. Currently, Bitcoin is near $76,000–$77,000, while gold has surged to $5,300 per ounce. This ownership trend indicates a growing adoption of Bitcoin, which might influence sentiment and demand. Activity surrounding Bitcoin price predictions for July shows varied expectations, with some markets pricing a 76.5% probability of Bitcoin reaching $67,500, while the likelihood of it hitting $82,500 remains low at 1%.
