According to him, Bitcoin’s market cap is well on track to reach $21 trillion, and this is because of its fixed supply, its growing institutional footprint, and a monetary trust system built over 16 years without any central authority. But if Bitcoin were to reach a market cap of $21 trillion, how much would 1 BTC be worth?
The $21 Trillion LogicBitcoin has a fixed supply cap of 21 million BTC baked into its protocol and is immutable by design. This means there will never be more than 21 million Bitcoin in existence, and at a point, investors will be able to only own fractions of Bitcoin.
Scaramucci positions this as a ceiling still below gold’s total market capitalization, which currently stands at approximately $33 trillion according to data from CompaniesMarketCap. This gap is closable, and Bitcoin offers structural advantages in the process. “You can move it faster, you can store it more easily,” he said. “
At the time of writing, Bitcoin is trading at about $76,534, which means a rise to $1 million will translate to a 1,200% increase from here.
Wall Street Is Coming To BitcoinTherefore, the question of whether Bitcoin eventually reaches $1 million per coin and a $21 trillion market cap is ultimately a question about the pace and durability of institutional adoption.
