According to @Andre_Dragosch, gold’s market cap is about $29 trillion and 3.4% of that equals roughly $1 trillion, used as a scenario input for BTC flows (source: André Dragosch on X, Oct 18, 2025). According to @Andre_Dragosch, Bitcoin’s market cap is about $2.2 trillion, its realized cap is about $1 trillion, and its MVRV is about 2.2 (source: André Dragosch on X, Oct 18, 2025). According to @Andre_Dragosch, applying an MVRV of 2.2 to a $1 trillion increase in realized cap would add about $2.2 trillion to BTC’s market cap, implying roughly a 2x from current levels under this scenario (source: André Dragosch on X, Oct 18, 2025).