Nov 24, · $20, bitcoin is [the] primary hurdle towards [a] $1 trillion market cap. The digital version of gold but with more limited supply and a history of adding zeros appears to be in an early. Oct 19, · All Activity; Home ; Clubs ; XRP Trading And Price Speculation ; Topics ; Why Bitcoin and Crypto Market Cap will Hit $1 Trillion in Dec 19, · Bitcoin has a current market cap of about $ billion, while that of gold's stands at roughly $10 trillion. This week the cryptocurrency gained 12% over two days alone, and was trading at Author: Shalini Nagarajan.
Why bitcoin and crypto market cap will hit $1 trillion in 2018Why Bitcoin and Crypto Market Cap will Hit $1 Trillion in – Bitcoin Mine News
Crypto indexes will diverge into equities and securities that tokenize assets. As QE further devalues the fiat currency, and the spending power is eroded, it will directly affect Fractional Reserve Banking. As such, when people will seek safe havens, the cryptocurrency will get a boost. Sovereign nations including Russia and Japan will also plan to issue a full Central-backed cryptocurrency. This digital currency will be utterly fungible against Bitcoin and other significant cryptocurrencies.
In addition to that, market actors will make the crypto market even more appealing for the investors to explore digital currencies. The crypto landscape is rapidly evolving, and things are looking up as all assets, especially equities will be tokenized. The digital currency market is transforming, and will be the big year! How about stepping up your investment portfolio? New factors now come into play!
But while most of the sentiment surrounding BTC is positive right now, the space still features its fair share of doubters. Not everyone, apparently, believes that bitcoin is going to reach such a high market cap. He states:. In fact, a cool down is to be expected. Alex Mashinsky — chief executive of the Celsius Network — believes this bull run is different from the one that occurred in While the one from three years ago was pushed largely by retailers, this time, institutional players are the ones behind the BTC surge, which is likely to ensure the price remains strong.