Analysis: Bitcoin's Next Parabolic Rise May Require $1 Trillion in New Capital

CoinFeed July 4 news, according to Coindesk report, Bitcoin's capital efficiency (the price increase per $1 of new capital invested) has declined significantly over successive bull market cycles. As Bitcoin's market cap expands, each major rally requires far more massive new capital inflows than before, but the percentage gains are getting smaller. In the 2011 bull market cycle, approximately $2.8 billion in net inflows drove about 55,000% gain. The 2015 bull market cycle saw about $69 billion in inflows, with gains close to 10,000%. The 2018 bull market cycle required about $365 billion, with gains around 2,000%. In the current bull market cycle since 2022, about $697 billion has flowed in, yielding a return of 689%.