Kraken CEO: capitalization of the stock market will grow to a trillion dollars by the end of this year
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Brokers and owners exchanges have the clear idea about the future courses of assets. If this trend applies to crypto-currencies so we have no cause for concern. Kraken CEO Jesse Powell said that the capitalization of the stock market sooner or later will grow to one trillion dollars. About it writes .
theWhen will the rise of Bitcoin
Forecast Powell with a small setback for Bitcoins, which had a positive impact on the entire stock market. It turns out that the recent rise in altcoins is only a small part of what awaits us in the future.
Like most other analysts, Powell points to a huge amount of positive news that have accumulated over the year around Bitcoin. Now about the crypt knows a lot more people than in 2016. The increases in interest from institutional investors, will raise capitalization of crypto-currencies up to one trillion dollars by the end of 2018.
Earlier, the founder of Galaxy Digital Mike Novogratz also increase the capitalization of the stock market. His forecast is more ambitious — $ 20 trillion in a few years.
Last week, the CEO of trading platform eToro Yoni Assia reported record growth in demand for digital assets. It is that willingness to invest in the cryptocurrency increased, even despite the correction of Bitcoin.
Chief analyst, eToro's Mati Greenspan shares the view of his colleagues. Twitter experts shared their results of a study of demand for Bitcoin.
This chart is sensational…
Despite falling prices this year, clients are increasing not decreasing their holdings.
— Mati Greenspan (@MatiGreenspan)
Due to increased interest on the part of ordinary investors everyone wants to grab their «piece of cake». Not to be left behind, it is better to invest in Bitcoin directly . However, be sure to conduct your own research before investing.
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