Crypto Market Cap to Double to $5 Trillion by Year-End: Ripple CEO

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Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.

The value of the cryptocurrency market could almost double to $5 trillion by the end of the year, propelled by the January“I’m very optimistic. I think the macro trends, the big picture things like the ETFs, they’re driving, for the first time, real institutional money,” Garlinghouse said in an interview with CNBC. “You’re seeing that drives demand, and at the same time demand is increasing, supply is decreasing,” said Garlinghouse., scheduled for April 20.

“One of the things actually I’ll say on the macro tailwinds for the industry: I think we will get more clarity in the United States,” he said. “The U.S. is still the largest economy in the world, and it’s unfortunately been one of the more hostile crypto markets. And I think that’s going to start to change, also.”in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.

 

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