Bitcoin pioneer predicts $1T BTC market cap by 2022 or ‘sooner’

Bitcoin (BTC) hitting a $1 trillion market cap by 2025 is “conservative” and those levels should hit in less than two years.

That was according to Blockstream CEO Adam Back, who delivered a fresh bullish BTC price outlook on Oct. 5.

Back was responding to a report by Yassine Elmandjra, a crypto-asset analyst at investment advisor ARK, who in September forecast a Bitcoin market cap of $1–5 trillion by 2030 at the latest.

ARK is well known for its enthusiastic price forecasts for Tesla…


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