• bitcoinBitcoin (BTC) $ 117,187.00
  • ethereumEthereum (ETH) $ 3,778.76
  • xrpXRP (XRP) $ 3.11
  • tetherTether (USDT) $ 0.999912
  • bnbBNB (BNB) $ 786.78
  • solanaSolana (SOL) $ 176.96
  • usd-coinUSDC (USDC) $ 0.999801
  • staked-etherLido Staked Ether (STETH) $ 3,775.29
  • dogecoinDogecoin (DOGE) $ 0.219126
  • tronTRON (TRX) $ 0.327758
  • cardanoCardano (ADA) $ 0.765939
  • wrapped-stethWrapped stETH (WSTETH) $ 4,561.63
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 117,173.00
  • hyperliquidHyperliquid (HYPE) $ 42.31
  • suiSui (SUI) $ 3.78
  • stellarStellar (XLM) $ 0.411318
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,064.69
  • chainlinkChainlink (LINK) $ 17.59
  • bitcoin-cashBitcoin Cash (BCH) $ 566.75
  • hedera-hashgraphHedera (HBAR) $ 0.257443
  • wrapped-eethWrapped eETH (WEETH) $ 4,050.77
  • avalanche-2Avalanche (AVAX) $ 23.39
  • wethWETH (WETH) $ 3,780.45
  • litecoinLitecoin (LTC) $ 109.66
  • leo-tokenLEO Token (LEO) $ 8.94
  • the-open-networkToncoin (TON) $ 3.36
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • usdsUSDS (USDS) $ 0.999764
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 43.91
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 117,228.00
  • uniswapUniswap (UNI) $ 10.03
  • polkadotPolkadot (DOT) $ 3.80
  • moneroMonero (XMR) $ 308.12
  • bitget-tokenBitget Token (BGB) $ 4.50
  • pepePepe (PEPE) $ 0.000011
  • crypto-com-chainCronos (CRO) $ 0.141449
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • aaveAave (AAVE) $ 274.84
  • ethenaEthena (ENA) $ 0.605020
  • daiDai (DAI) $ 0.999898
  • bittensorBittensor (TAO) $ 373.87
  • nearNEAR Protocol (NEAR) $ 2.65
  • ethereum-classicEthereum Classic (ETC) $ 21.33
  • pi-networkPi Network (PI) $ 0.416324
  • aptosAptos (APT) $ 4.50
  • ondo-financeOndo (ONDO) $ 0.952416
  • internet-computerInternet Computer (ICP) $ 5.46
  • okbOKB (OKB) $ 48.08
  • jito-staked-solJito Staked SOL (JITOSOL) $ 215.93
  • mantleMantle (MNT) $ 0.754033
  • kaspaKaspa (KAS) $ 0.093460
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,777.72
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.035958
  • algorandAlgorand (ALGO) $ 0.254002
  • bonkBonk (BONK) $ 0.000028
  • usd1-wlfiUSD1 (USD1) $ 0.999015
  • arbitrumArbitrum (ARB) $ 0.416420
  • vechainVeChain (VET) $ 0.024667
  • gatechain-tokenGate (GT) $ 17.42
  • cosmosCosmos Hub (ATOM) $ 4.43
  • render-tokenRender (RENDER) $ 3.85
  • fasttokenFasttoken (FTN) $ 4.59
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.216791
  • worldcoin-wldWorldcoin (WLD) $ 1.07
  • official-trumpOfficial Trump (TRUMP) $ 9.28
  • binance-staked-solBinance Staked SOL (BNSOL) $ 188.89
  • susdssUSDS (SUSDS) $ 1.06
  • skySky (SKY) $ 0.085433
  • sei-networkSei (SEI) $ 0.313770
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.690406
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,299.48
  • story-2Story (IP) $ 5.97
  • spx6900SPX6900 (SPX) $ 1.86
  • filecoinFilecoin (FIL) $ 2.49
  • flare-networksFlare (FLR) $ 0.024316
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,963.65
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.02
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 117,038.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.096788
  • jupiter-exchange-solanaJupiter (JUP) $ 0.519753
  • usdtbUSDtb (USDTB) $ 1.00
  • curve-dao-tokenCurve DAO (CRV) $ 1.05
  • kucoin-sharesKuCoin (KCS) $ 11.28
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,973.30
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,044.66
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,087.37
  • usdt0USDT0 (USDT0) $ 0.999991
  • injective-protocolInjective (INJ) $ 13.89
  • blockstackStacks (STX) $ 0.756337
  • nexoNEXO (NEXO) $ 1.32
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997050
  • celestiaCelestia (TIA) $ 1.78
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,980.10
  • optimismOptimism (OP) $ 0.708526
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999762
  • falcon-financeFalcon USD (USDF) $ 0.999356
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 116,928.00
  • flokiFLOKI (FLOKI) $ 0.000113
  • conflux-tokenConflux (CFX) $ 0.209482
  • fartcoinFartcoin (FARTCOIN) $ 1.07
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 199.24
  • wbnbWrapped BNB (WBNB) $ 787.27
  • immutable-xImmutable (IMX) $ 0.552174
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999704
  • pump-funPump.fun (PUMP) $ 0.002796
  • the-graphThe Graph (GRT) $ 0.100137
  • sonic-3Sonic (S) $ 0.305296
  • dogwifcoindogwifhat (WIF) $ 0.971383
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.78
  • saros-financeSaros (SAROS) $ 0.358203
  • ethereum-name-serviceEthereum Name Service (ENS) $ 28.23
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,094.00
  • clbtcclBTC (CLBTC) $ 120,697.00
  • pax-goldPAX Gold (PAXG) $ 3,289.07
  • lido-daoLido DAO (LDO) $ 1.04
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • kaiaKaia (KAIA) $ 0.157903
  • msolMarinade Staked SOL (MSOL) $ 232.52
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.34
  • tezosTezos (XTZ) $ 0.833242
  • paypal-usdPayPal USD (PYUSD) $ 0.999793
  • vaultaVaulta (A) $ 0.533271
  • theta-tokenTheta Network (THETA) $ 0.832341
  • tether-goldTether Gold (XAUT) $ 3,292.27
  • super-oethSuper OETH (SUPEROETH) $ 3,776.01
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,984.45
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,048.24
  • raydiumRaydium (RAY) $ 2.93
  • iotaIOTA (IOTA) $ 0.200166
  • jasmycoinJasmyCoin (JASMY) $ 0.015628
  • galaGALA (GALA) $ 0.016394
  • pendlePendle (PENDLE) $ 4.40
  • ousgOUSG (OUSG) $ 111.98
  • the-sandboxThe Sandbox (SAND) $ 0.286355
  • aerodrome-financeAerodrome Finance (AERO) $ 0.807432
  • bittorrentBitTorrent (BTT) $ 0.00000071
  • pyth-networkPyth Network (PYTH) $ 0.121185
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998600
  • tbtctBTC (TBTC) $ 116,981.00
  • jito-governance-tokenJito (JTO) $ 1.84
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,777.89
  • zcashZcash (ZEC) $ 38.49
  • flowFlow (FLOW) $ 0.388838
  • heliumHelium (HNT) $ 3.20
  • newton-projectAB (AB) $ 0.008435
  • stader-ethxStader ETHx (ETHX) $ 4,021.74
  • usual-usdUsual USD (USD0) $ 0.997683
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,771.78
  • walrus-2Walrus (WAL) $ 0.419327
  • ripple-usdRipple USD (RLUSD) $ 0.999338
  • morphoMorpho (MORPHO) $ 1.79
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 116,731.00
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 117,076.00
  • usddUSDD (USDD) $ 0.999647
  • decentralandDecentraland (MANA) $ 0.294245
  • memecoreMemeCore (M) $ 0.336919
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.219027
  • beldexBeldex (BDX) $ 0.076542
  • bitcoin-svBitcoin SV (BSV) $ 27.51
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,164.66
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,780.18
  • mog-coinMog Coin (MOG) $ 0.000001
  • syrupMaple Finance (SYRUP) $ 0.452491
  • based-brettBrett (BRETT) $ 0.054500
  • chain-2Onyxcoin (XCN) $ 0.015474
  • coredaoorgCore (CORE) $ 0.529322
  • build-onBUILDon (B) $ 0.507083
  • swethSwell Ethereum (SWETH) $ 4,141.44
  • true-usdTrueUSD (TUSD) $ 0.997623
  • ether-fiEther.fi (ETHFI) $ 1.16
  • thorchainTHORChain (RUNE) $ 1.39
  • arweaveArweave (AR) $ 7.37
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008187
  • apenftAPENFT (NFT) $ 0.00000049
  • apecoinApeCoin (APE) $ 0.596812
  • telcoinTelcoin (TEL) $ 0.005138
  • zebec-networkZebec Network (ZBCN) $ 0.005354
  • savings-daiSavings Dai (SDAI) $ 1.16
  • frax-etherFrax Ether (FRXETH) $ 3,764.20
  • starknetStarknet (STRK) $ 0.124143
  • neoNEO (NEO) $ 6.32
  • dydx-chaindYdX (DYDX) $ 0.587787
  • keetaKeeta (KTA) $ 1.09
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,780.84
  • compound-governance-tokenCompound (COMP) $ 46.84
  • aioz-networkAIOZ Network (AIOZ) $ 0.369264
  • ecasheCash (XEC) $ 0.000022
  • elrond-erd-2MultiversX (EGLD) $ 15.03
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  • rekt-4Rekt (REKT) $ 0.000001
  • dexeDeXe (DEXE) $ 7.46
  • kavaKava (KAVA) $ 0.386319
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999827
  • wrapped-hypeWrapped HYPE (WHYPE) $ 42.36
  • sun-tokenSun Token (SUN) $ 0.021695
  • treehouse-ethTreehouse ETH (TETH) $ 4,573.83

Bitcoin Price to Hit $1M by January 2027 Based on This New Model

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Bitcoin Price to Hit $1M by January 2027 Based on This New Model

Bitcoin price could surpass the $1 million mark in January 2027, with a potential to reach higher levels by 2030.

This is according to a recently published paper by Dr Murray Rudd and Dennis Porter of Satoshi Action Fund, a prominent Bitcoin advocacy group.

The paper proposes a demand and supply equilibrium framework to forecast the asset’s price, accounting for its fixed supply and evolving demand.

BIG BREAKING: Peer-Reviewed paper led by @DrMurrayRudd shows that Bitcoin is on track to surpass $1,000,000 per coin by January 2027 with the potential to hit multi-millions by 2030. pic.twitter.com/12ayhOsJHe

— Dennis Porter (@Dennis_Porter_) January 30, 2025

Specifically, the study combines a constant elasticity of substitution (CES) demand function with Bitcoin’s inelastic supply curve.

A CES demand function is a mathematical formula used to show how demand for an asset can change in response to changes in its price and the prices of related assets.

By adjusting these parameters, using Bitcoin’s price and supply at the time of the 2024 halving and noting the function’s intersections with the asset’s inelastic supply curve, the model forecasts its price under different conditions.

With this model, the paper’s authors see Bitcoin surpassing the $1 million mark by autumn 2028 in the conservative scenario. This scenario assumes demand remains at levels seen in mid-December 2024, driven largely by exchange-traded funds.

However, in the bullish scenario, which is the paper’s headline target, the asset hits the coveted milestone in January 2027. Here, the authors cite the effect of growing corporate adoption sparked by MicroStrategy and the demand that could come from proposed strategic reserves from several U.S. states and countries worldwide.

Notably, the Satoshi Action Fund has been a major advocate for these reserves in multiple U.S. states, and their efforts appear to be seeing results. As the group’s CEO and co-author of the recent paper, Dennis Porter, has recently highlighted, at least 11 states are considering proposals to establish strategic Bitcoin reserves, with about five more expected to join soon.

In essence, the motivation for the recent paper was to highlight Bitcoin’s potential as a reserve asset.

Source

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