“1% of Global Capital Being Invested in Bitcoin Would See a Price of About $275,000,” Market Expert Reveals

Matt Crosby, a research director at Look Into Bitcoin , said in a recent interview that Bitcoin currently represents only about 0.3% of global capital, a share that continues to expand as the overall pool of capital grows. The market player noted that returning to the previous all-time high would require a higher dollar figure than the nominal peak because of ongoing U.S. dollar debasement, putting that adjusted level closer to $134,000 than $126,000. “I mean, right now Bitcoin is about 0.3% of global capital. And keep in mind that the pool is growing constantly.

Source: ZyCrypto