Gold market cap is $6,995,037,936,874
Gold price right now $1,168.22 usd.
> Sauce: onlygold.com
PLEASE READ!
If price drops to 960 usd, that would be a 17.8 drop
>pic related in first answer
That would mean that $1,245,116,800,000 would flow to another market.
Let's assume, that because 1 bitcoin is worth right now $1,071, this month when it surpasses gold, it will be in all news worldwide., so let's assume that money goes to Bitcoin Market Cap
Right now Bitcoin Market Cap is 17,241,364,600 and there is a total of 16,083,363 which gives us a price of $1,071 (again)
>Sauce: bitcoinwatch.com
So if Kek wills it, those $1,245,116,800,000 would be added to bitcoin market cap which gives us a total of: $1,262,358,200,000
That means, that the spot price for bitcoin, for that market cap is: $78,488.44
Please, before saying GOLD is not going to fall that low... check first answer.