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Bitcoin Could Hit $1 Million by 2030, Nansen CEO Says

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Nansen CEO Alex Svanevik predicts that Bitcoin could reach $1 million by 2030, citing monetary expansion and currency debasement as key drivers of this potential outcome.

In an interview with crypto.news, Svanevik explained that the continued growth of money supply will lead to higher demand for assets with limited supply like Bitcoin.

He expects future market cycles to produce progressively higher price floors, and notes that the current $60,000 level may be a permanent floor in his personal assessment.

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