Bitcoin Matches Internet's 1999 Growth, Eyes 1 Billion Users by 2025
May 16, 2024Bitcoin's current user base equates to 4.7% of the global population, aligning with the internet's user base in 1999, indicating potential for expansive growth.
Analyst Willy Woo forecasts Bitcoin's user base will surge to 500 million by October and approach one billion by the end of 2025, suggesting a rapid adoption curve.
The cryptocurrency has experienced a substantial increase in value, with a current trading price of $65,837.53, marking a 57% rise year-to-date and 150% over the past year.
Bitcoin's growth trajectory is outstripping that of the early internet, as noted by experts, implying a bullish outlook for the cryptocurrency's future.
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