Bitcoin Value May Soar to $53 Million by 2050, According to VanEck—Here’s the Reason

VanEck Predicts Bitcoin Could Reach $53.4 Million by 2050

VanEck, a leading global asset management firm, has released a new long-term outlook suggesting that Bitcoin could soar to $53.4 million per coin by the year 2050.

This ambitious estimate represents VanEck’s most optimistic scenario, assuming Bitcoin achieves an average annual growth rate of 29% over the next quarter-century.

In this so-called “hyper-Bitcoinization” scenario, the cryptocurrency would play a major role in both domestic and international financial transactions.

According to analysts Matthew Sigel and Patrick Bush, “If Bitcoin were to capture 20% of global trade and 10% of domestic GDP, its value could potentially climb to $53.4 million per coin.”

They further noted that such an outcome would require Bitcoin to match or even surpass gold as the world’s primary reserve asset, accounting for nearly 30% of all global financial holdings.

Base and Bear Case Projections

While this is VanEck’s most bullish forecast, the firm’s baseline projection is also striking. Their base case anticipates a 15% annual growth rate, which would bring Bitcoin’s price to $2.9 million by 2050.

In this scenario, VanEck expects Bitcoin to make up 5-10% of worldwide trade and 5% of domestic transactions. The firm also predicts that central banks could allocate up to 2.5% of their reserves to Bitcoin as a safeguard.

Currently, Bitcoin is trading at $90,319, which is about 3,100% below VanEck’s base case estimate for 2050. To reach the bullish scenario, the price would need to increase by more than 59,000%.

On the other hand, VanEck’s conservative outlook, or bear case, assumes a modest 2% annual growth rate, projecting Bitcoin to reach $130,000 by 2050—just 3% higher than its record high of $126,080 set last October. This is only 43% above the current price.

Recent Shifts and Market Performance

VanEck’s 2050 projections have been adjusted slightly upward since their initial release in 2024. At that time, the bullish scenario predicted a price of $52.3 million per Bitcoin, while the base and bear cases have remained largely unchanged.

In the last 24 hours, Bitcoin has dipped by 0.3% and is currently about 28% below its all-time high from October.