Bitcoin Price Could Surge to $53 Million by 2050, Says VanEck—Here's Why

Summary

VanEck projects that Bitcoin could reach $53.4 million by 2050 in its most optimistic scenario, assuming a 29% annual growth rate and widespread global adoption—specifically, 20% of international trade and 10% of domestic GDP transacted in Bitcoin. This would require Bitcoin to rival or surpass gold as a global reserve asset and account for nearly 30% of world financial assets. VanEck's baseline scenario predicts a 15% annual growth rate, forecasting Bitcoin at $2.9 million by 2050, with projected adoption levels of 5–10% of global trade, 5% of domestic swaps, and central banks holding up to 2.5% of reserves in Bitcoin. With Bitcoin priced around $90,319 currently, reaching these targets would require gains of 3,100% to over 59,000%. In its bearish projection—with 2% annual growth—Bitcoin would reach $130,000 by 2050. VanEck’s 2050 price estimates have slightly increased since their last update in 2024.