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Bitcoin holds near $80K as Mexican billionaire predicts $1.86M long-term value tied to gold market cap

Market News
10 Sep 2026
Zycrypto
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Bullish
Bitcoin holds near $80K as Mexican billionaire predicts $1.86M long-term value tied to gold market cap

Bitcoin traded near $80,000 after testing that level early September, with Ethereum and XRP also rising. Mexican billionaire Ricardo Salinas Pliego reiterated his bullish view, forecasting Bitcoin could reach $1.86 million by matching gold's market value. He bases this on Bitcoin's limited supply and increasing adoption, seeing it as a long-term store of value rivaling gold. Currently, Bitcoin trades around $76,700, and Salinas' prediction highlights ongoing debate about Bitcoin's future as a global wealth store.

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Uber stock downgraded to Neutral amid earnings drop and Tesla competition, despite revenue growth and autonomous vehicle progress.

Uber stock downgraded to Neutral amid earnings drop and Tesla competition, despite revenue growth and autonomous vehicle progress.

Arete Research downgraded Uber's stock from Buy to Neutral with a $74 price target, citing an expected 64.95% drop in earnings per share to $1.09 despite 9.6% revenue growth to $14.76 billion. Uber faces new competition from Tesla's Cybercab, which o...

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