Cryptocurrency Market Capitalization to Double to $5 Trillion by the End of 2024
Ripple CEO Brad believes the cryptocurrency market could almost double in value to $5 trillion by the end of the year, driven by the approval of spot bitcoin exchange-traded funds in the U.S. in January and the halving of mining incentives later this month.Brad also says ETFs drive institutional funding, saying, "You'll see that driving the demand, but at the same time, demand is increasing and supply is decreasing."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The audit of the U.S. Strategic Bitcoin Reserve is overdue by 172 days.
The White House is considering nominating Josh Sterling as CFTC Chairman
Data: Total value of tokenized RWA on Solana chain rises to $671 million, reaching a new all-time high
Trending news
MoreCrypto prices
More
