VanEck projects Bitcoin will reach $500,000 by 2029, citing potential US Treasury purchases under the BITCOIN Act and growing institutional ETP

VanEck projects Bitcoin will reach $500,000 by 2029, citing potential US Treasury purchases under the BITCOIN Act and growing institutional ETP

VanEck’s Head of Digital Asset Research Matthew Sigel reiterated on Thursday, August 20, his $100,000 Bitcoin price target for 2027, adding that $500,000 by 2029 is also plausible…