CF Benchmarks: Bitcoin a Portfolio Staple, $1.4M Price Target by 2035
CF Benchmarks, an index provider, considers Bitcoin as a staple for portfolios. The firm applies capital market models to Bitcoin, suggesting that institutional adoption supports long-term valuations. This approach facilitates structured portfolio allocation involving Bitcoin. According to reports, the analysis leads to a projected price target of $1.4 million for Bitcoin by 2035. The development highlights a growing acceptance of Bitcoin within traditional financial frameworks.
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