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.

The predictions are based on the total addressable market (TAM) model, a tool used to estimate the maximum market opportunity available to a product or service. In this case, the model is applied to Bitcoin, assuming it can capture the entire …

Full story available on Benzinga.com