Bitcoin will trade at this price if it reaches half of gold’s market cap

In 2025, Bitcoin (BTC) and gold have been standout assets, hitting record highs, though the precious metal has shown more sustained gains as investors seek safe havens.

At present, gold holds a market capitalization of $27.484 trillion, trading at a record high of $4,093 per ounce. Bitcoin, meanwhile, trades at $114,939, with a market capitalization of $2.29 trillion. 

Gold and Bitcoin market cap. Source: Companies Market Cap

Considering the anticipation that Bitcoin may one day play a similar role to gold as a hedge, this gap has fueled speculation about what Bitcoin’s price would be if it captured a portion of gold’s market value, such as half.

To calculate this, one can use a proportional formula relating market capitalization and price. Given that Bitcoin currently trades at $114,939 with a market cap of $2.29 trillion, and assuming it reaches half of gold’s market value, approximately $13.742 trillion, the projected price can be determined by multiplying $114,939 by the ratio of 13.742 to 2.29. 

This results in an estimated value of about $689,989 per Bitcoin.

If adoption and institutional participation continue through exchange-traded funds (ETFs), Bitcoin’s trajectory could increasingly mirror gold’s role in finance. 

Notably, trading near $700,000 aligns with projections from figures like Robert Kiyosaki, who predicts it could reach $1 million.

Gold and Bitcoin differences 

It’s worth noting that gold and Bitcoin share traits like scarcity, global recognition, and independence from government control, yet they differ in form and utility. 

Gold is a tangible commodity with industrial and ornamental uses, validated over millennia, while Bitcoin is purely digital, valued for network trust, mathematical scarcity, and its 21 million coin supply cap. 

Despite growing institutional inflows and similarities, Bitcoin remains volatile. For instance,  On October 10, amid renewed U.S.-China trade tensions, it fell below $110,000, while gold stayed steady, hitting new record highs.

Featured image via Shutterstock

Source: https://finbold.com/bitcoin-will-trade-at-this-price-if-it-reaches-half-of-golds-market-cap/