Bitcoin future price of $1 million comes true in 2020, that would give it a total market capitalization of $15 trillion. Going back to McAfee's prediction, Bitcoin would need to increase its value by more than 4,900% from its all-time high of $20,000.
Bitcoin will reach a price of $50,000 by late 2020. He also believes that the market cap of all cryptocurrencies will burst up to a whopping $2 trillion (from the current $150 billion) within the next 10 years.
Billionaire Michael Novogratz has invested approximately 30 percent of his fortune in cryptocurrencies. He began investing in 2015 and announced a $500 million cryptofund, which includes $150 million of his own fortune, in 2017.
