BlockBeats News, October 17, witnessed an epic moment for gold. According to CompaniesMarketCap data, as the price of gold continues to hit new highs, the global total market capitalization of gold has surpassed $30 trillion, firmly holding the global top spot, exceeding the market capitalization of the top ten companies such as Apple, Microsoft, and Nvidia combined. Based on the World Gold Council’s disclosed 216,265 tonnes of mined gold and real-time gold price calculation, the safe-haven and store of value status of gold has once again been validated.
Meanwhile, Bitcoin, hailed as “digital gold,” currently has a total market capitalization of around $2 trillion. To be on par with gold, the price of a single Bitcoin would need to reach approximately $1.5 million, which is over ten times its current price. Cathie Wood has previously predicted that the price of Bitcoin will exceed $1 million per coin by 2030.
BiyaPay analysts pointed out that gold symbolizes the “anchor of trust” in the traditional financial system, while Bitcoin represents the new faith of the decentralized era. With the trend of de-dollarization, global liquidity shifting, and accelerated institutional participation, the boundary between traditional and digital assets is becoming blurred. In an extremely bullish scenario, if the market progresses extremely smoothly, reaching $1.5 million per coin may be possible by 2035–2040.
BiyaPay provides investors with a global platform for simultaneously investing in gold and digital assets, supporting free conversion between various fiat currencies and cryptocurrencies, transparent real-time exchange rate display, and achieving “zero fee” spot and contract trading in the trading experience. Additionally, BiyaPay also supports direct investment in diversified assets such as US stocks, Hong Kong stocks, futures, and gold using USDT, allowing users to easily navigate between traditional and emerging markets on the same platform.
