​Satoshi's Growing Fortune, JPMorgan Says Halving Priced in, Peter Brandt Raises BTC Price Target, and More — Week in Review Bitcoin’s valuation surged past the $1 trillion mark, significantly increasing the net worth of its elusive creator, Satoshi Nakamoto, by nearly $9 billion in two months. JPMorgan Chase analysts have identified the Bitcoin halving event and an upcoming major Ethereum network upgrade as key drivers of cryptocurrency prices. Veteran trader Peter Brandt has revised his bitcoin price prediction for the current bull market cycle to $200,000, up from $120,000. El Salvador’s President Nayib Bukele remains committed to holding onto the country’s bitcoin investments, highlighting the potential for significant profit but emphasizing the intrinsic value of bitcoin. Satoshi Nakamoto’s Growing Fortune Nears Entry Into World’s Top 25 Richest Individuals 2024 has unfolded as a flourishing year for bitcoin’s valuation, as its market capitalization breezed past the $1 trillion milestone, positioning the cryptocurrency as the world’s tenth-largest asset by overall market valuation. This uptick in price has significantly boosted the net worth of Bitcoin’s mysterious creator, Satoshi Nakamoto, elevating the value of the inventor’s holdings by almost $9 billion within the last two months.