Millennials Might Drive Bitcoin Price To Four Hundred Thousand USD, As Per New Research

As per a new report published by the in-house research team of one of the leading crypto exchanges, Kraken Intelligence, the price of Bitcoin may jump towards three hundred and fifty thousand USD by 2044. This will be conceivable if millennials invest minimum 5% of their hereditary wealth into BTC.

Presently, the US citizens who were born between 1946 and 1964, control an enormous fifty seven percent of the nation’s entire treasure. Nevertheless, millennials and Gen X are anticipated to get their hands on about fifty Trillion USD of wealth in the next 2 years. This seems to be one of the utmost generational wealth handovers in history.

The aforementioned report mentions that the Bitcoin price might boost much higher than four hundred thousand USD since it only comprises US investors. Notably, it would take only one percent of all the wealth inherited by millennials and Gen X to push BTC to seventy thousand USD by 2044. As per the research, this seems to be the most conformist approximation.