Bitcoin to $500K? What Happens If BTC Swallows Gold’s Entire Market Cap

Gold’s $12 trillion valuation looks ripe for disruption—and Bitcoin’s the only asset with a shot at stealing its crown. Here’s the math if crypto’s flagship eats the yellow metal’s lunch.

The Flawed Safe Haven

Gold bugs cling to ’store of value’ status while central banks quietly dilute its purchasing power. Meanwhile, Bitcoin’s fixed supply and borderless nature make it the 21st-century alternative.

By the Numbers

At current circulating supply, matching gold’s market cap would put BTC near $500,000 per coin. Even half that would trigger Wall Street’s most aggressive FOMO since Tesla hit the S&P 500.

The Catch

This assumes gold investors blindly switch teams—ignoring centuries of institutional inertia. Then again, remember when ’experts’ said Bitcoin would never break $10K?

Bitcoin price if its market cap matches that of gold

Bitcoin has a market cap of $2 trillion, meaning that it WOULD need to rise by 1,000% to match gold’s $22 trillion valuation.

Based on the current circulation, a 1,000% jump would see Bitcoin’s price rise to $1,040,000 to match gold’s valuation. This target aligns with predictions from several industry experts.

ARK Invest predicts that Bitcoin’s price will reach $2.4 million by 2030, resulting in a fully diluted market cap of $50 trillion. BlackRock’s $700,000 target would value it at $14.7 trillion, while Michael Saylor’s mid-term target of $5 million would lead to a $105 trillion valuation.

BTC price short-term prediction

There are odds that Bitcoin will have a strong bullish breakout, as it is slowly forming a cup-and-handle pattern, a popular continuation pattern. The upper side of this pattern is at $108,000, while its depth is 32%. Measuring the same distance from the cup’s upper side gives it a price target of $142,670.