VanEck Predicts Bitcoin Could Reach Half of Gold’s Market Value
VanEck CEO Jan van Eck has doubled down on his optimistic Bitcoin predictions, telling Bloomberg that the cryptocurrency represents digital gold and could eventually capture a significant portion of the precious metal’s market capitalization. Speaking on August 1, van Eck emphasized that this narrative is gaining traction globally and positions Bitcoin as a direct competitor to traditional gold investments.
Bitcoin’s Path to $400,000 Price Target
When questioned about VanEck’s unwavering confidence in Bitcoin throughout market downturns, van Eck explained that the firm views BTC as the digital equivalent of gold, which he described as the world’s most valuable asset. The CEO projected that Bitcoin could eventually claim half of gold’s total valuation, which would drive the cryptocurrency’s price to approximately $400,000 per token.
Current market data suggests even more ambitious possibilities for Bitcoin’s future price. With gold trading at $3,414 and maintaining a market cap of $22.9 trillion, Bitcoin reaching half of that valuation would result in a market cap of $11.45 trillion. Given Bitcoin’s fixed supply of 21 million tokens, this scenario would translate to a price of $545,238 per Bitcoin.
🗣️ VAN ECK: BITCOIN WILL BE HALF OF GOLD'S VALUE
“Bitcoin, it’s digital gold. At some point, it will be half the value of physical gold.”
Still think it's overpriced? pic.twitter.com/GwrFTXdwXC
— BlokTopik (@BlokTopik) August 4, 2025
Van Eck joins other prominent figures who see Bitcoin challenging gold’s dominance. Mexican billionaire Ricardo Salinas Pliego has made similar predictions, forecasting that Bitcoin could match gold’s entire $22 trillion market cap as it evolves into a reserve asset for nations. Recent survey data from the United States supports this trend, showing that more Americans now hold Bitcoin than gold, indicating a notable shift in investment preferences toward the cryptocurrency.
Stablecoin Legislation Drives Industry Optimism
During the Bloomberg interview, van Eck also praised the recent passage of stablecoin legislation, calling the GENIUS Act the “third most important piece of bank regulation” in American history. The bill, which received congressional approval and presidential sign-off in July, establishes regulatory clarity for stablecoins and creates new opportunities for crypto companies.
According to van Eck, this legislation enables technology-focused companies to compete directly with traditional banks in the payments sector for the first time in U.S. history. He anticipates that while implementation may take time, the bill will fundamentally transform Wall Street with substantial implications for the broader cryptocurrency industry.
Industry observers note that while the stablecoin legislation will likely attract increased interest and capital to the crypto space, Bitcoin may not be the primary beneficiary. Many analysts expect Ethereum and XRP to lead this development due to their established connections with stablecoin infrastructure and payment systems.
Implications for Crypto Market Dynamics
VanEck’s bullish Bitcoin projections alongside regulatory progress in stablecoins could reinforce positive sentiment among institutional investors. The combination of long-term price targets and clearer regulatory frameworks may encourage broader cryptocurrency adoption across traditional finance sectors.