Bitcoin Matches Internet's 1999 Growth, Eyes 1 Billion Users by 2025

May 17, 2024
Bitcoin Matches Internet's 1999 Growth, Eyes 1 Billion Users by 2025
  • Bitcoin'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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