Bitcoin Could Hit $20 Trillion by 2035, Macro Investor Says

Macro investor Dan Tapiero believes that Bitcoin can reach $20 trillion in value by 2035, representing a tenfold increase from its current levels. He made this prediction on the Milk Road podcast.

Tapiero attributes the potential growth of Bitcoin to two macro catalysts: Treasury Secretary Scott Bessent's intervention in dollar-yen and his Treasury bond buyback program. These actions, according to Tapiero, have injected liquidity into the system and signaled a bottom for the cryptocurrency market.

Tapiero also sees agentic finance as a key driver of Bitcoin's growth. He believes that blockchain is the natural money layer for AI agents, which will lead to an increase in agent transactions on-chain through stablecoin protocols like x402.