Here’s the Target Price for Bitcoin to Make 0.01 BTC Worth $1 Million
The post Here’s the Target Price for Bitcoin to Make 0.01 BTC Worth $1 Million appeared on BitcoinEthereumNews.com.
If the price of Bitcoin rallies significantly, investors could see their small holdings of 0.01 BTC balloon into a million dollars. Bitcoin’s latest surge to an all-time high of $123,091 last week has reignited investors’ confidence in the world’s largest cryptocurrency by market cap. Notably, investors are fantasizing about how little Bitcoin holding could be worth a fortune if BTC maintains its bullish momentum and soars to unprecedented price levels. – Advertisement – Since hitting an all-time high of $123,091, Bitcoin has retraced to the $115,000 price territory. At the moment, it is changing hands at $118,531, representing a decrease of 3.55% from its ATH. How 0.01 BTC Could Be Worth $1M Despite the recent pullback, investors remain steadfast, expecting a powerful rally that could turn modest Bitcoin stakes into life‑changing returns. Given this, this article forecasts how high Bitcoin’s price must reach for a holding of 0.01 BTC to be worth $1 million. Currently, a holding of 0.01 BTC translates to a dollar value of $1,185. In other words, it costs around $1,185 to purchase 0.01 BTC based on the current price of $118,531. Data from IntoTheBlock shows 7.89 million blockchain addresses hold a minimum of 0.01 BTC. These addresses hold a combined 267,160 BTC, currently valued at $31.66 billion. Bitcoin addresses holding 001 BTC For a holding of 0.01 BTC to be valued at $1 million, Bitcoin’s price must reach an estimated target of $100 million. The $100 million estimated target represents a jaw-dropping surge of 84,266% from the current price of $118,531. If Bitcoin eventually reaches this target, its market capitalization would grow to $2 quadrillion with a supply of 20 million tokens. Bitcoin to $100M Prediction Despite the monumental surge, some crypto stakeholders still believe the $100 million price target is within the realm of possibility…
