VanEck executive: Bitcoin's market value should reach half of gold after the next halving, and the price may reach $644,000

CoinFeed reported on October 7th that Matthew Sigel, head of digital asset research at VanEck, wrote on the X platform that Bitcoin's market capitalization should reach half that of gold after the next halving. This roughly half of gold's value reflects its use as a store of value, rather than industrial or jewelry demand.