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Benzinga
Benzinga
Business
Bibhu Pattnaik

Analysts Say $127.3 Trillion Liquidity Surge Could Be Rocket Fuel for Bitcoin

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Digital asset investment firm CoinShares predicts a potential surge in Bitcoin‘s (CRYPTO: BTC) value, suggesting a 65% increase if the cryptocurrency captures a small portion of the global liquidity and gold’s market cap.

What Happened: CoinShares’ report posits that Bitcoin could experience a significant rally if it manages to seize just 2% of the global liquidity (global M2) and 5% of gold’s market cap.

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