USD 1 trillion cryptocurrency capitalization: Kraken's word. New positive forecasts on the development of virtual currencies. It will be like this?
According to what he says Jesse powell, founder and CEO of Creak, the cryptocurrency market will reach worth $ 1 trillion this year. In fact, a few days ago Powell predicted that the virtual currency market will continue to see rather significant "acceleration" of growth, despite the sharp drop in recent weeks.
Powell told CNBC that
now there are many more young people who graduate in cryptography systems in universities, and in the next few years I think the number will grow exponentially.
Asked if he thought that market capitalization of all cryptocurrencies it would have reached the $ 1 trillion in 2018, Powell responded positively.
Recall that the current market capitalization of all cryptocurrency amounts to about $ 417 billion (according to data from CoinMarketCap), and which hit an all-time high of more than $ 800 billion in early January, before collapsing dramatically due to a huge sell-off in Bitcoin & co.
The numerous conflicting signals coming from various Asian countries such as South Korea and India have probably been damaged by the prices of the main cryptocurrencies), both of which have raised their communicative and regulatory rhetoric against virtual currencies. On Monday, the three major regulators of the European Union also issued a warning to consumers about the risks associated with buying cryptocurrencies.
However, it is also true that there is no shortage of those who say they are "excited" about the future promises that cryptocurrencies may be able to keep. Who will prevail?