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).

According to @CryptoMichNL, gold’s market capitalization is about 30 trillion dollars, up from roughly 10 to 15 trillion dollars three years ago, which he views as supportive for Bitcoin’s bull case. Source: @CryptoMichNL on X, Oct 16, 2025. He states that Bitcoin should reach valuation parity with gold, implying approximately a 15x upside from current levels for BTC if that parity occurs. Source: @CryptoMichNL on X, Oct 16, 2025.

According to Altcoin Daily, BTC should be valued at least one-third of gold’s total market capitalization, which the author says implies roughly a 4x upside from here. source: Altcoin Daily on X Oct 14, 2025 To benchmark the claim, traders can estimate gold’s aggregate value using the World Gold Council’s above-ground stock data and the LBMA gold price to translate tonnage into market capitalization. source: World Gold Council Gold facts and above-ground stocks; LBMA Gold Price USD One-third of that gold valuation can then be compared to Bitcoin’s live market capitalization from TradingView, with an implied per-coin target derived by dividing by circulating supply reported by institutional data providers such as Glassnode. source: TradingView market capitalization; Glassnode circulating supply Key catalysts to monitor for convergence or divergence include the BTC/XAU ratio, net creations and redemptions in U.S. spot BTC ETFs enabled since January 2024, and movements in real yields that historically influence gold demand. source: TradingView BTC/XAU; U.S. SEC orders approving spot Bitcoin ETFs Jan 2024; World Gold Council research on gold and real rates; Federal Reserve FRED TIPS yield series

According to @KobeissiLetter, gold’s total market capitalization now equals approximately six times Nvidia’s market value; source: https://x.com/KobeissiLetter/status/1977753874329993611, Oct 13, 2025. According to @KobeissiLetter, gold has added an average 833 billion dollars per month for twelve consecutive months; source: https://x.com/KobeissiLetter/status/1977753874329993611, Oct 13, 2025. According to @KobeissiLetter, no asset in history has matched this pace of market cap expansion; source: https://x.com/KobeissiLetter/status/1977753874329993611, Oct 13, 2025.

According to the source, Matthew Sigel, Head of Digital Assets Research at VanEck, stated Bitcoin should reach half of gold’s market cap after the next halving, implying a BTC price near $644,000; source: Matthew Sigel of VanEck via X on Oct 7, 2025. Half of gold’s market value is widely estimated in the $7–8 trillion range, framing the implied BTC market cap if this target materializes; source: World Gold Council public estimates of above‑ground gold value. The thesis relies on the halving mechanism that cuts Bitcoin’s block subsidy by 50%, reducing new issuance and serving as a key input in post‑halving supply models used by analysts; source: Bitcoin protocol documentation on block subsidy and halving schedule.

According to the source, asset manager VanEck projects Bitcoin (BTC) could ultimately reach 50% of gold’s total market value as adoption scales under a fixed supply, source: VanEck research. The World Gold Council estimates gold’s above-ground stock value in the mid‑teens trillions of dollars depending on price, placing a 50% BTC target near a ~$7.5 trillion market capitalization, source: World Gold Council. Using Bitcoin’s hard cap of 21 million, that market cap implies roughly $350,000–$380,000 per BTC as a straightforward valuation anchor for trade sizing and scenario planning, source: Bitcoin whitepaper. For timing cues, traders can track macro drivers influencing both BTC and gold—real yields, USD strength—and institutional adoption channels such as spot Bitcoin ETFs to validate momentum toward this valuation, source: VanEck research and World Gold Council market commentary.

According to André Dragosch, PhD (@Andre_Dragosch), the total value of G20 government bonds stands at $72 trillion and gold at $22 trillion, highlighting a combined traditional asset pool exceeding $94 trillion (source: Twitter, June 8, 2025). This substantial figure challenges Fidelity's bearish outlook on alternative assets. For crypto traders, this underlines the significant capital that could shift toward digital assets as institutional investors seek diversification beyond bonds and gold. Monitoring institutional flows and reallocation trends is crucial for anticipating potential large-scale moves into the cryptocurrency market.

According to Milk Road, a new real-time tracking page has been launched to compare Bitcoin's market cap against gold's. This tool is essential for traders needing up-to-date data on the relative market sizes of these major assets. The page provides dynamic insights essential for crypto market analysis, especially for traders looking to understand Bitcoin's position in the broader financial market. This tool can be accessed on their website, offering a unique perspective for those interested in cryptocurrency versus traditional investments. [Source: Milk Road](https://twitter.com/MilkRoadDaily/status/1914411122767356327)

According to Crypto Rover, gold's recent addition of $1 trillion to its market cap is nearly equivalent to Bitcoin's entire market cap, underscoring Bitcoin's potential for growth. Traders should consider this disparity as an indicator of Bitcoin's potential upside, especially in light of increasing institutional interest and adoption (source: Crypto Rover, April 17, 2025).

According to Dan Held, the significant market cap of gold, which stands at $21 trillion despite having zero merchant adoption, raises questions about why Bitcoin's value is often tied to its utility in small transactions like coffee payments. This comparison suggests that Bitcoin's potential value could be independent of its use in everyday transactions, offering traders insights into Bitcoin's broader investment potential as a store of value. Held's tweet highlights a critical perspective for investors considering Bitcoin not just as a currency but as a digital asset with intrinsic value, akin to gold.

According to André Dragosch, PhD, the search for a new safe-haven asset has intensified, with markets shifting focus towards gold and Bitcoin. The total addressable market (TAM) for these assets is expanding as U.S. Treasury securities (USTs) decline in favor. Current UST debt levels have reached an all-time high (ATH), and gold's market capitalization is also at an ATH, indicating a significant potential for growth in Bitcoin and gold as alternative safe-haven investments.

According to Miles Deutscher, gold's market cap briefly reached $20 trillion, marking a historic milestone. In comparison, Bitcoin's market cap stands at $2 trillion, which is only 1/10th of gold's value. This significant difference in market cap suggests that as gold prices rise, there is potential for Bitcoin to reach a higher valuation ceiling. Such insights are essential for traders evaluating the growth potential of Bitcoin relative to traditional assets like gold. (Source: Miles Deutscher via Twitter)