Digital Currency
Add as a preferred source on GoogleLook Into Bitcoin research director Matt Crosby says the global capital pool is growing. The model describes a possible valuation, not recorded investment flows.
Crosby’s model starts from an estimated 0.3% share of global capital for Bitcoin. If that share reached 1%, his scenario puts the price near $275,000 per coin.
That figure describes a valuation scenario, not money already moving into the asset. Crosby characterized the global capital pool as expanding.
Crosby gave a present-day dollar equivalent of roughly $134,000 for Bitcoin’s earlier $126,000 peak, citing U.S. dollar debasement.
Coinglass data showed about 7,054 BTC in net daily inflows on Oct. 24; U.S. volume reached $673.24 million the previous day.
WIF was at $0.1842 and SOL at $101.32 as of 7:40 a.m. ET (11:40 UTC) Saturday, Oct. 24.
TRON DAO Research put the quarter’s total at $2.2126 trillion, with the daily average 3.9% above Q2.
