Which Is More Likely: Bitcoin at $1 Million or XRP at $10?

Bitcoin and XRP are both chasing iconic round-number price targets, but the path to each one carries market cap implications that could reshape the entire crypto landscape. The real question is not which coin needs a bigger percentage gain, but…

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Bitcoin (CRYPTO: BTC) needs to rise about 12 times its current value to hit $1 million, while XRP (CRYPTO: XRP) only needs to rise about 6.5 times to reach $10. This means XRP requires a smaller price jump. However, this smaller increase is just part of the story, as each price target comes with significant market value implications that the broader cryptocurrency space must account for.

Both cryptocurrencies have enjoyed a good quarter recently. Bitcoin has increased by 41.7% over the last 90 days, bringing its price to around $84,883, while XRP has risen by 46% to approximately $1.53. These two round figures, $1 million for Bitcoin and $10 for XRP, create a compelling discussion about their future potential.

Bitcoin at $1 Million Means a $20 Trillion Coin, Seven Times the Current Crypto Market

To understand what it means for Bitcoin to reach $1 million, we need to look at its market capitalization, which is calculated by multiplying the price per coin by the total number of coins in circulation. Currently, there are about 20.1 million Bitcoin in existence. If Bitcoin were priced at $1 million each, its market cap would soar to about $20.1 trillion.