Bitcoin Price Prediction: Bloomberg Now Shows BTC in Millions – Is Wall Street Preparing for a Massive Bull Market?

2025-07-15 17:48:33

Main Idea

The Bloomberg Terminal now displays Bitcoin's price in millions, reflecting its significant price surge, with Wall Street veterans predicting further growth to $1.5 million due to Bitcoin's increasing market share from gold.

Key Points

1. Bloomberg Terminal adjusted Bitcoin's price display to millions, showing $0.118M (equivalent to $118,000), highlighting its recent all-time high of $123,000.

2. Ark Invest CEO Cathie Wood predicts Bitcoin could reach $1.5 million as it gains market share from gold, with institutional interest growing.

3. Bitcoin's price is holding strong near $117,000, with potential for further gains toward $123,000 and $125,000 if support levels hold.

4. A new Bitcoin-based project, Bitcoin Hyper (HYPER), has raised over $2.8 million in its presale, aiming to improve Bitcoin's speed and utility.

Description

The Bloomberg Terminal has begun displaying Bitcoin’s price in millions, suggesting that the premier financial data platform anticipates the cryptocurrency reaching the $1 million milestone. Jacquelyn Melinek, founder of Token Relations, drew attention to this scaling adjustment on the Bloomberg Terminal, which now shows Bitcoin’s spot price (XBT) at $0.118M, corresponding to the $118,000 level the asset achieved on July 10. Source: @jacqmelinek on X Following this adjustment, Bitcoin has shatte...

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