In 2014, it began mining Bitcoin (BTC) and later moved on to Ethereum (ETH) as well. In this sense, the report points out that Bitcoin has two characteristics that make it a store of value. His new prediction calls for Bitcoin to reach a price of $100,000 by the time 2023 gets here. Bitcoin could reach $100k by 2023, Fidelity Investments director says Bitcoin could reach $100k as early as 2023, Jurrien Timmer, Fidelity Investments director of global macro says. Contact us All CFDs (stocks, indexes, futures) and Forex and cryptocurrency prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Drawing inferences through the stock-to-flow model by PlanB, Fidelity has put forward a $1000 million price target for BTC by 2035. Boston-based financial services corporation Fidelity has come into the limelight for its prediction that Bitcoin (BTC) will be worth $100 million by 2035. Btc forcasted to be worth 100 bajillion dollars by 2050. With the new outfit, Block Inc will now have a defined presence, not just as a promoter, but as a major stakeholder in the Lightning Network ecosystem. If that happens, switching to shorting each bounce is the best strategy. Fidelity Investments plans to allow investors to put a bitcoin account in their 401 (k)s, the first major retirement-plan provider to do so. It has moved by -2.41% in the past week and is currently at . Timmer likened the BTC price performance to the performance of gold in the 1970s. Assuming that future cycles also average about 3 years and 10 months, like the past ones, three or four more cycles should occur until 2035. The yellow metal aka physical Gold isnt even doing better at $94 whereas the inflation index has skyrocketed to $65. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Sign up now for the free CryptoCodexA daily newsletter for traders, investors and the crypto-curious that will keep you ahead of the market. Often time, crypto market analysts have referred to Bitcoin as Gold 2.0 or the ideal replacement to the physical yellow metal. Forsage Founders Indicted for $340M Ponzi Scheme, Hong Kongs Crypto Hub Ambitions Win Quiet Backing, METAVSUMMIT (Jan 2023), The Largest Web 3.0 & Metaverse, Ethereum derivatives data recommend $1,700 might not remain. Based on the Stock-to-Flow model develop by analyst Plan B, BTC's price could stand at $100 million by 2035. This is now emerging more strongly than ever as companies like MicroStrategy migrate to Bitcoin to protect themselves against the Federal Reserves inflationary policies. Now, let's delve into the future of Bitcoin's price over the long term. Fidelity National Information, based in Jacksonville, Florida, caters to banks, providing access to services like chatbots or Apple Pay. Fidelity gave a presentation to clients recently that showed a bitcoin model that reached $100 million bitcoin price by 2035. Fidelity Investments urged the U.S. Securities and Exchange Commission to approve its Bitcoin exchange-traded fund in a private meeting, listing the . At the time this course is published, this is 13 years away. He expects the crypto to hit $100,000 by the end of the year and reach a value of $500,000 in the long run. https://twitter.com/TimmerFidelity/status/1420735794176745483 Again this is just another model and we should be weary of extrapolating out so far. Instead, he believes its an organic movement with sustainability. As a result, at this moment, the price of Bitcoin (BTC) will skyrocket above $100 million. Now, one of the most bullish bitcoin voices has issued a huge bitcoin price prediction, forecasting the bitcoin price will explode to a massive $1 million per bitcoin by 2030 even as another crisis threatens to engulf the crypto market. Readers should do their own research before taking any actions related to cryptocurrencies. Furthermore, it also sees Bitcoin touching a $1-million price target in a decades time. Required fields are marked *. Reynaldo Marquez has closely followed the growth of Bitcoin and blockchain technology since 2016. While the time horizon of 15 years may seem sufficient, the idea of BTC touching a whopping $100 million is far from reality. Analysts in the cryptocurrency industry have often referred to Bitcoin as Gold 2.0 or the perfect substitute for the actual yellow gold. The total wealth of the entire world is $418 trillion.. By the end of the decade, when Bitcoins inflation rate will be around 0.5%, this model predicts that the cryptocurrency will be valued at $1,000,000. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. That would result in a market cap of . The emphasis on the buying power of varied asset classes was another crucial discussion in the latest webinar. It will also be integrated into the Fidelity mobile . "Once they actually do the homework and see what's happened here, I think they might actually be more comfortable moving into bitcoin, and perhaps ether, as a first stop because they'll understand it more," Wood said. Furthermore, it also sees Bitcoin touching a $1-million. If he has changed his mind, I'd like to know but I don't have access to a recording of the webinar featuring these slides. $25,000+ prize pool! Copyright bitcoin this year, plummeting from almost $70,000 in 2021, but some are predicting a bitcoin price comeback. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. It is a decentralized digital currency that uses blockchain technology to facilitate trustless peer-to-peer transactions. Our maximum price prediction of Bitcoin is $75,360.85 for the year 2025. About us . historically served as superior stores of value (). The increase of almost 93% in the value (compared to 2022) shows that if the growing trend continues, BTC will actually be able to reach the predicted price of $126,127 by the end of 2025. The S2F model referred to by Timmer shows a continuous appreciation in the BTC price with the reduction in its annual inflation rate. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers, /news/fidelity-predicting-100-million-per-bitcoin-by-2035-2863299. NEM (XEM) Explodes With a ~50% Increase in Price, Optimism (OP) Hits Key Resistance & TMS Network (TMSN) Presale Sells Out In 2 Weeks! I write about how bitcoin, crypto and blockchain can change the world. Watch popular content from the following creators: Crypto Steve(@cryptosteveftm), Colinyurcisin(@colinyurcisin), Bitcoin Daily(@bitcoin.daily), dailycryptobull(@dailycryptobull), CryptoMillionaire(@cryptomillionairee), Adre Rievles(@adrerievles), Business| Entrepreneurship(@incomeparent), usemining(@usemining), Crypto Mason . No spam, no lies, only insights. (that I'm aware of). The webinar also discusses purchasing power of various assets, not covering Bitcoin, where stocks are the clear winner at $3.9 billion, followed by bonds at $19.9 billion, and cash at $326k compared to the inflation index. Fidelity: By 2035 Bitcoin (BTC) will hit the $100 million mark. Jurrien Timmer of Fidelity forecasts Bitcoin to reach $1 billion two decades from now, shortly after an earlier $100 million prediction for 2035. The S2F model is working like clockwork and as previously predicted, it ended August 2021 above $47,000 levels. Accept Read More, 2023 - Cryptured.com. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Crypto-news-flash.com uses Cookies to ensure the best experience for you. Bitcoin's price at the same time last week was . Therefore, Fusion Media doesnt bear any responsibility for any trading losses you might incur as a result of using this data. Jurrien Timmer of Fidelity forecasts Bitcoin to reach $1 billion two decades from now, shortly after an earlier $100 million prediction for 2035. By continuing to use this website you are giving consent to cookies being used. Nearly half of US consumers have invested in cryptocurrencies, according to a new survey, Mayoral candidate promises to transform NYC into the most cryptocurrency-friendly city in the nation, Forsage Founders Indicted for $340M Ponzi Scheme Masquerading as DeFi Platform. Pomp further stated that the S2F model is underappreciated. The S2F model is operating as expected, and it is expected to finish August 2021 over $47,000 levels. News: Latest Bitcoin Core release: 24.0.1 Home : Help: Search: Login: Register: More : Bitcoin Forum > Economy > Economics > Bullish or nuts? Exzus innovative security system is a combination of the system of protection of funds and verification of users. The study noted that 29 per cent said hyberbitcoinisation will happen as soon as 2035 while an . Yesterday, Anthony Pompliano shared a hypothesis from Fidelity that the price of Bitcoin could reach $100 million by 2035. Readers are requested to form their own opinions on the contents of this website and to seek professional and independent advice before making concrete investment decisions. Pompliano added: () if they (Fidelity) are saying that basically we are in the 1970s of gold but for Bitcoin now, they are calling for a very very material increase in the price of Bitcoin. Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out. Save my name, email, and website in this browser for the next time I comment. As per the prediction done using the S2F model, the BTC price should touch $1 million. You can learn all about these topics by following the links below! Founded in 1946, Fidelity has established a notable presence in the cryptocurrency space. All rights reserved. Read more! Post navigation . Gold, the most resilient store of value through the ages, has the highest stock-to-flow ratio, followed by bitcoin (today) and silver. With over $10.4 trillion in assets under management, Fidelity investment and its digital assets stand-alone company Fidelity Digital has been bullish on Bitcoin for a long time. bitcoin, charts, fidelity, price prediction. Jurrien Timmer, the director of global macro at Fidelity Investments, believes that BTC still has plenty of steam left in it. The webinar was presented by Fidelity's Director of Global . Now, Wall Street giant Fidelity has said other countries and even a central bank could follow El Salvador and Tesla into bitcoin this yearpredicting those that buy bitcoin while the price is . Ethereum (ETH) is up 4% regaining the $3200 levels while is up 10.72% trading at $2.84 making its way to a new all-time high. Wood also predicted institutional investors that have been waiting on the sidelines of the bitcoin and crypto market for years will eventually feel able to take the plunge into bitcoin and even ethereum, the second-largest cryptocurrency after bitcoin. Following the recent halving (May 2020), the gap between the gold and bitcoin ratio compressed. This much hopium was difficult to digest for some as one Redditor noted, Bitcoin is not gonna reach $100 million. Bitcoin is the first cryptocurrency that was created back in 2009. As such, it is more resistant to wild inflation and corrupt banks. This metric is used to quantify the hardness of a commodity. Lorem ipsum dolor sit amet, consectetur adipiscing elit. In a recent webinar hosted by the Director of Global Macro Fidelity, the financial giant carried out a detailed crypto market analysis. The post Fidelity Predicting 0 Million per Bitcoin by 2035 first appeared on BitcoinExchangeGuide. This website uses cookies. Moreover, our Bitcoin price prediction 2030 forecasts that the price could exceed this level - thereby leading to a new all-time high. Now, the firm is putting out bullish reports on Bitcoin and sees the leading digital asset hitting $1 million before this decade is over and a whopping $100 million by 2035. Fidelity Investments director of global macro Jurrien Timmer appeared on CNBC today to discuss his bitcoin price prediction models, market outlook, and opinion on the current rally. By the end of this decade i.e. Bitcoin New comments cannot be posted and votes cannot be cast. has suffered a catastrophic crash over the last year, with the bitcoin price plummeting over 75% from its all-time highdespite industry leaders creating a controversial crypto rescue fund. Analysts predict that the price would surge to around $500,000 per coin in 2025 and $1 million per coin in 2030. Bitcoin's stock-to-flow will eclipse that of gold following the next halving (2024). Timmer. Another feature that makes Bitcoin a store of value is that its scarcity at the time of its inception was built into the protocol and cannot be changed. The cryptocurrency spiked to $64,000 in the first half of 2021 and then $68,000 in November 2021. However, in order to maintain the high level of discourse weve all come to value and expect, please keep the following criteria in mind: Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.coms discretion. Now, the firm is putting out bullish reports on Bitcoin and sees the leading digital asset hitting $1 million before this decade is over and a whopping $100 million by 2035. Share. Timmer of Fidelity has critiqued the S2F model. Elon Musk Has Issued A Surprise 2023 Bitcoin And Dogecoin Prediction After Huge FTX Crypto Price Crash, The bitcoin price has fallen sharply over the last. Fidelity has been in the crypto space for a while now. Readers are requested to form their own opinions on the contents of this website and to seek professional and independent advice before making concrete investment decisions. Many of them have taken to social media lately to lay out their own price predictions for Bitcoin. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. The asset management firm Grayscale agrees with Fidelity Digital Assets conclusions, as shown in the chart below. Drop an image here or Fidelity, which manages more than $10 trillion in assets under management (AUM), has been active in the cryptocurrency sector for some time. Bitcoin's bear market bottom would be somewhere around current levels leading back to the former ATH of 2017. The highest foresees the price of Bitcoin hitting $1 million by 2025. Bitcoin Cash (BCH) Listed In New Yorks Proposed Bill As Means Of Payment, Litecoin (LTC) Partners With Metalpha, TMS Network (TMSN) Presale Sells Out First Stage 2 Weeks Early. Fidelity predicts Bitcoin (BTC) worth in 2030, according to Lark Davis Bitcoin News By Phoebe L. 09/3/21 2:25 PM Top analyst Lark Davis shares with his subscribers Fidelity's prediction on Bitcoin price by 2030, saying that cryptos will overtake the dollar by 2030. BitStarz Player Lands $2,459,124 Record Win! September 2021 Fidelity bases its price prediction on the stock-to-flow model from crypto analyst PlanB. Later, the United States decoupled its legal tender from the yellow metal by adopting the Fiat norm. Bitcoin could go anywhere up to 200k plus a coin we can't predict crypto at the best of times then alone 2030 but crypto has shown us that hype and timing of the global market can work Magic so I can see this happening. As Pompliano said, its unclear if the investment firm believes the prediction will be fulfilled, but. Miles Weiss. bitcoin prediction crypto king to overtake global finance by 2050 price to soar up to 470000 by . Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned. If the same happens to Bitcoin, the digital asset can surge 2000x from the current levels. Learn how your comment data is processed. The year is 2035. Interestingly, the webinar put some light on the purchasing power of different asset classes. Its projected to do $100k+ this cycle. Timmer backed up his assertion with a 4-hour BTC/USD chart that combined the . 54% of the panel thinks hyperbitcoinization - the moment that bitcoin overtakes global finance - will happen by 2050. We'll assume you're ok with this, but you can opt-out if you wish. If you continue to use this site we will assume that you are happy with it! Will Be Even Bigger Than Your Wildest Expectation, 7 Over-$100 Stocks That Are Worth Every Penny, Louis Navellier and the InvestorPlace Research Staff, Michael Burry Is Betting Big on These 2 AI Stocks, 5 Investors Betting Big on Exela (XELA) Stock in 2023, Cathie Wood Is Betting Big on These 5 AI Stocks, Bitcoin Price Prediction: Fidelity Analyst Says BTC Will Hit This Number in 2023. It wont take 15 years to go 10x from there. Bitcoin's stock-to-flow will eclipse that of gold following the next halving (2024)." Source: Fidelity. Your email address will not be published. Fidelity did not forecast $100 million by 2035. Fidelity, as they become more interested in Bitcoin, appear to become more and more bullish on the asset itself. Based on my (highly subjective) gold analog from the 1970s, bitcoin looks ready to resume its up-trend. Boston-based financial services corporation Fidelity has come into the limelight for its prediction that Bitcoin (BTC) will be worth $100 million by 2035. Fidelity predicts $100M bitcoin in 2035 . Cryptocurrencies are not suitable for all investors. In that sense, the halving, decentralization and scarcity and other features mentioned above make Bitcoin the second most resilient asset after gold, according to the stock-to-flow ratio. The Bitcoin price prediction was presented during a Fidelity webinar called Understanding Bitcoin, What Can History Teach Us? by Jurrien Timmer, the firms Director of Macro. METAVSUMMIT (Jan 2023), The Largest Web 3.0 &, Ethereum derivatives data recommend $1,700 might, Here is How to create NFTs on the Cardano. 1 Bitcoin will buy you an Unhappy Meal at McDonalds. So, the minimum predicted price is $456,000, and the maximum is $650,000, with an average price of $553,000. Looking ahead to the start of the next decade, DigitalCoinPrice predicted that the ethereum price in 2030 could reach $16,872.58, based on its assessment of historical data. According to Timmer, the recent surge in BTC prices doesnt have to do with momentum traders. + Get alerts for. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. This is a staggering 2100x appreciation from the current levels. Wall Street is catching on. After the bull market peak is eventually put in, the next couple of years in Bitcoin could be a bear market once again. The latest cryptocurrency market news for today. 1125 N. Charles St, Baltimore, MD 21201. We're excited to announce that a new and improved Investing.com just launched! Cryptocurrency analyst Anthony Pompliano drew a comparable analogy in his latest podcast The Best Business Show. In the 1970s, the value of gold was about $35, according to him. In its recently held very special webinar, the Boston-based investment giant has turned ultra-bullish for Bitcoin. Jurrien Timmer, Director of Global Macro at Fidelity Investments, believes that one Bitcoin could be worth $1 billion by the year 2038. Therefore, Grayscale is relying on historical data to point to a possible increase in the adoption of Bitcoin as a store of value. 1125 N. Charles St, Baltimore, MD 21201. In the 1970s, Pampliano said, the price of Gold stood at around $35. In five years, by 2035, the inflation rate will have dropped to 0.2%. Fidelity, one of the world's largest asset managers, with Trillions of Dollars under management, has come out several times in the press and stated that one Bitcoin could be worth $100 Million or more by 2035 ( Source ). With over $10 trillion in assets under management (AUM), Fidelity has been in the crypto space for a while now. While the minimum price level can be around $64,878.79. Your email address will not be published. If the same thing occurs to Bitcoin, the digital currency might skyrocket 2000 times its present value. Interestingly, Timmer timmer compared the BTC price performance to the Golds performance in the 1970s. Fidelity made the $100-million Bitcoin (BTC) price forecast during a recent webinar titled Understanding Bitcoin, What Can History Teach Us?, which was hosted by Jurrien Timmer, Fidelitys Director of Macro. Ridiculous isn't impossible with Bitcoin. '$1 Million By 2030'Stunning Bitcoin Price Prediction Revealed Assets Crypto Portfolios More From Forbes Feb 27, 2023,05:43pm EST Liquid Staking Takes DeFi By Storm With $240 Million Lido. Bitcoin Forum: January 03, 2023, 09:05:28 PM: Welcome, Guest. BTC is now trading at a 70% year-to-date growth. Norwegian Authorities Captures $5.9M From Crypto Game Axie Infinity Hack. The company started dabbing into the crypto space as early as 2014, Pompliano said, and started developing mining capabilities and BTC-based products. Data protection policy. This has been one of the most incredible repricing of an asset in the past 100 years. The purchasing power of $1 has the least in fiat at a mere $0.02. Readers should do their own research before taking any actions related to cryptocurrencies. BTC is up 4.9% at the time of writing this article, trading at $50,061, reflecting a market cap of $941 billion. One of the crypto analysts on Reddit noted: Bitcoin is not gonna reach $100 million. Upload from your computer Hope it comes true. The Risk-Off Trade By Jan. 1, bitcoin had fallen from an all-time high of $68,789.63 on Nov. 10, 2021, to $47,098. Floki Inu Price Predictions: How High Can Pupcoin Frenzy Take the FLOKI Crypto? they are predicting approximately $10 million around 20230 and moving upward towards $100 million by 2035. The cryptocurrency then fell to $35,000 in January 2022. Article printed from InvestorPlace Media, https://investorplace.com/2021/10/bitcoin-price-prediction-fidelity-analyst-says-btc-will-hit-this-number-in-2023/. Later, the U.S de-pegged its currency from the yellow metal by embracing the Fiat standard. You alone bear the risk for your investment decisions. Ethereum (ETH) Price Prediction 2028. At present, the average prediction of its panel indicates that BTC will be worth $249,578 by 2025 approximately quadruple what it is right now. Sign up now for CryptoCodexA free, daily newsletter for the crypto-curious. As of press time, BTC is up 4.84 percent trading at $49,666 and a market cap of $933 billion. Moreover, Bitcoins monetary policy is enforced in a decentralized manner, transactions are checked decentrally by network users, so there is no central power that can change the fundamental design. * DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. Boston-based investment firm Fidelity presented one of the most bullish scenarios for the price of Bitcoin, Anthony Pompliano said in his podcast The Best Business Show. Read more! Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash, The bitcoin price has been hit by shock exchange collapses and a looming regulatory crackdown, wiping around $2 trillion from the combined crypto market that some think is "headed for oblivion.". Bitcoin Forum: January 04, 2023, 09:38:19 PM: Welcome, Guest.Please login or register. quotes delayed at least 15 minutes, all others at least 20 minutes. Report. To see Fidelity, show a chart that says that Bitcoin is going to be at 100 million dollars by 2035 is very incredible (). It's in a brutal bear market that you need up-to-date information the most! This is a stunning 2100x increase from the prevailing levels. Yes, Fidelity puts the S2F model in their slide decks, but only as a point of contrast. About us The content of this website solely reflects the subjective and personal opinion of the authors. Pompliano said, () if they (Fidelity) are stating that we are essentially in the 1970s for gold, but for Bitcoin today, they are asking for a very substantial rise in the price of Bitcoin. To see Fidelity, present a graphic that indicates Bitcoin will be worth $100 million by 2035 is amazing ().. Fidelity predicts $100M bitcoin in 2035. despite industry leaders creating a controversial crypto rescue fund, another crisis threatens to engulf the crypto market. Jurrien Timmer, Director of Global Macro Fidelity, hosted the event that shared several charts to help the audience understand Bitcoin. The prediction was not accepted nicely by most people and it was quick to spark debates and controversies, with some flat-out calling Fidelity out on the most senseless prediction. One Bitcoin may be equivalent to $1 billion by 2038, according to Jurrien Timmer, Director of Global Macro at Fidelity. The purchasing power of $1 has the least in fiat at a mere $0.02. Drawing inferences through the stock-to-flow model by PlanB, Fidelity has put forward a $1000 million price target for BTC by 2035. Given that Fidelity got started with crypto mining 7 years back, it is clearly not new to this domain. After some extensive forecasting and technical analysis, we estimate the ETH price is expected to cross an average price level of $ by 2027, with a minimum price of $ expected before the end of the year. Could you be next big winner? Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. 'Dot-Com Era On Steroids'-Here's How Bad The $2.2 Trillion Bitcoin And Crypto FTX Price Crash Could Get, The bitcoin price has crashed under $17,000 per. Fidelity Digital Assets points out, highlighting Bitcoins potential as a store of value in times of crisis and its potential to continue to appreciate in the current economic situation: Commodities with a stock that is difficult to double due to a low rate of production relative to existing supply have. Trading or investing in cryptocurrencies carries with its potential risks. Fidelity did not forecast $100 million by 2035. Fidelity Digital Assets validates model that predicts Bitcoin price at $1 million. That would give it a market cap of $2,100 trillion. Even the safe haven, The platform will also provide investors with exposure to cryptocurrencies, enabling them to invest in their preferred digital assets. Fidelity Predicting $100 Million per Bitcoin by 2035. gold Theres even room for more lines. Furthermore, it is expected that BTC will finish in 2023 with a price of $79,538. After staying under pressure for the last two days, Bitcoin is making another attempt at $50,000. We may expect an average price of $69,646.04 if the current pumping continues. Note that algorithm-based price predictions can be wrong as they use past performance to inform their estimates. He also showed an interesting comparison with internet users, broadband subscriptions, and mobile phone users. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Bitcoin Price Prediction 2024 - 2025 Fidelity's director of Global Macro has shared his bitcoin and ether price outlook. The platform will initially offer trading and storage for Bitcoin and Ethereum, with plans to expand to other cryptocurrencies in the future. This is a historic moment we are living in. Cardanos Investments In DeFi Building Case for Massive Upside Ahead, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. FinTech India Expo- the New Era of Digitalization. Press J to jump to the feed. Bitcoin (BTC) has registered a solid bull since the market crash of 2020. Pompliano reiterated that the fact that Fidelity, one of the biggest investment firms in the world with a lot of time exploring BTC and the crypto market, is showing this model to clients its a positive signal. Interestingly, theres a striking resemblance between the two asset classes. 2023 InvestorPlace Media, LLC.