Bitcoin could be worth $4.8 million a coin soon: VanEck

Investment and asset management firm VanEck released a new insights report last month that gives Bitcoin a target price in the range of $1.3 million to $4.8 million per coin. However, this price prediction is based on the assumption that the most valuable cryptocurrency will go on to become a measure of money supply across bank deposits and cash. Bitcoin’s current all time high price is $68,789.63, which was hit last year.