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Bitcoin Could Hit $100,000 if Investors Treat It Like Gold, Goldman Sachs Says


Bitcoin could be worth $100,000 if investors accept the premise that it really is digital gold, according to a report by Goldman Sachs.

At its current price around $46,800, Bitcoin has a market cap of $870 billion, compared with $2.6 trillion for gold held by the public for investment purposes, such as privately held bars and assets in exchange-traded funds.