Bitcoin Rallies 30% from Recent Lows, Institutions Predict $16 Trillion Market Cap by 2030 'Super Cycle'

On May 5, Bitcoin rebounded approximately 30% from a recent low of around $60,000, fueling market expectations for a new ‘super cycle’. In its latest report, ARK Invest stated that Bitcoin is gradually establishing itself as a core asset class for the new generation of institutional investors, predicting that its market cap will grow at a compound annual growth rate of about 63% over the next five years, rising from the current approximately $2 trillion to $16 trillion by 2030, accounting for about 70% of the overall cryptocurrency market. The report also forecasts that the total cryptocurrency market size could reach $28 trillion by 2030, with smart contract networks (such as Ethereum and Solana) capturing the remaining share. Additionally, Cathie Wood previously estimated that Bitcoin’s price could range between $300,000 and $1.5 million by 2030, driven primarily by its potential to replace up to 40% of gold’s market cap and the accelerating trend of asset tokenization. Industry perspectives also indicate that tokenization is becoming a key narrative. Robinhood CEO Vlad Tenev stated that the market is still in the early stages of a ‘tokenization super cycle’, while BlackRock Chairman Larry Fink believes that tokenization will reshape financial infrastructure, making asset issuance and trading more efficient and accessible.