List of Flash News about BTC parity price
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2025-11-11 14:13 |
Dan Held: BTC to $1.3M Would Flip Gold — Market Cap Math, Parity Price, and Trading Takeaways
According to @danheld, Bitcoin could flip gold at 1.3 million dollars per BTC, signaling a strongly bullish sentiment from a prominent industry voice, source: @danheld on X. World Gold Council estimates above‑ground gold value around 13 to 15 trillion dollars, and Bitcoin’s circulating supply is near 19.5 million with a hard cap of 21 million, source: World Gold Council and Blockchain.com plus the Bitcoin whitepaper. Using the standard market capitalization formula, parity with gold would require roughly 670,000 to 770,000 dollars per BTC, while 1.3 million dollars per BTC implies an approximate 25 trillion dollar Bitcoin market cap that would exceed gold’s value band, source: Investopedia for market cap definition, calculations based on World Gold Council and Blockchain.com data. For traders, the gold‑parity band offers a measurable long‑term valuation anchor for monitoring the BTC versus gold relationship and framing risk and position sizing around macro targets, source: Investopedia on ratio analysis and valuation anchors. |