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Sygnum: Strategic Bitcoin reserve purchases per $1 billion may drive market capitalization growth of $20 billion
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3 hours ago 4,977
According to Golden Finance, Katalin Tischhauser, head of investment research at Sygnum, Swiss crypto bank, released the latest research report, predicting that every $1 billion invested in US strategic Bitcoin reserves will drive the market value growth of Bitcoin by about $20 billion through the multiplier effect. The report pointed out that due to the limited supply of Bitcoin liquidity, new demand will trigger a significant upward price shock, of which $19 billion of growth will come from demand shocks and limited supply squeeze effects. Tischhauser said the first and second rounds of $1 billion inflows will mainly absorb existing demand, while the third and fourth rounds of capital inflows will face a more restricted supply environment, thereby accelerating price increases.
Keywords: Bitcoin
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