Soaring Bitcoin Valuation Amidst Skyrocketing Global Liquidity to Reach an Astounding $127.3 Trillion, as Predicted by CoinShares
In the ever-evolving world of finance, a recent report by digital asset investment firm CoinShares has caught the attention of many. The report suggests that Bitcoin (BTC) could potentially increase by 65% from its current level, though the exact figures were not disclosed in the article.
The report, which focuses on Bitcoin and other related topics such as Ethereum, crypto, Web 3, and more, is based on a Total Addressable Market (TAM) model. This model considers Bitcoin’s potential as a store of value without necessitating a complete replacement of traditional financial systems.
According to the report, if Bitcoin captures modest shares—2% of global money supply (M2) and 5% of gold’s market cap—it could lead to a theoretical price that is roughly 65% higher than the current level, which was approximately $114,000 at the time of the report. This forecast reflects Bitcoin’s potential integration into monetary markets as a complementary asset, driven by regulatory clarity, institutional adoption, and macroeconomic factors.
However, it's important to note that the report also acknowledges the risks involved in such a prediction. Analysts caution that while the potential for growth is significant, there are factors that could potentially impact Bitcoin's value.
Interestingly, the report does not assert that Bitcoin needs to replace the global monetary system to be valuable. Instead, it suggests that capturing a small share of existing markets would be sufficient for Bitcoin to hold value.
Meanwhile, another development in the crypto space involves a cryptocurrency backed by Arthur Hayes outperforming the market following a new partnership with Anchorage Digital. This partnership could potentially have significant implications for the crypto market.
Elsewhere, US lawmakers have issued subpoenas to the CEOs of JPMorgan Chase and Bank of America regarding their role in a Tesla supplier's Initial Public Offering (IPO). This news underscores the ongoing scrutiny of major financial institutions by regulators.
In summary, the CoinShares report presents an optimistic outlook for Bitcoin's potential growth, but also highlights the risks involved. As always, it's crucial for investors to conduct thorough research and consider their investment strategies carefully.
[1] CoinShares Report: [Link to the report if available] [2] Global M2 Liquidity: [Link to data source if available] [3] Gold Market Capitalization: [Link to data source if available] [4] Current Bitcoin Price: [Link to data source if available]
The CoinShares report, centering on Bitcoin and other cryptocurrencies, posits that if Bitcoin captures modest shares of the global money supply and gold's market cap, it could lead to a theoretically increased price about 65% higher than its current level. This forecast was made based on a Total Addressable Market (TAM) model and considers Bitcoin's potential as a store of value within the broader financial system.
In the crypto space, a cryptocurrency backed by Arthur Hayes is proving to outperform the market following a new partnership with Anchorage Digital, which could potentially have far-reaching implications for the crypto market.