Bitcoin’s price soared beyond $65k as investors flocked to the asset class due to rising interest in cryptocurrencies and concerns about inflation. This comes just days after the total Cryptocurrency market cap surpassed $3 trillion for the first time, with Bitcoin accounting for 43.6 percent of that total. According to PlanB, a quantitative analyst, Bitcoin might rise by as much as 700 percent by early next year based on his numerous models.