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VanEck: Bitcoin is taking gold's "job," and a 59% market share is just the beginning
Matthew Sigel, Head of Digital Asset Research at VanEck, stated that Bitcoin may continue to expand its share of global asset allocation in the future. Quantum computing is a long-term risk but not enough to justify selling.
First, let's look at market share. Bitcoin's share of the total cryptocurrency market capitalization has risen from 40.83% in 2022 to about 59%, with a market cap of $1.7 trillion,
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