Cryptocurrency Market News | Crypto Currency Prediction 2022
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Table Of Content
- Expert'S Opinion For Crypto Currency.
- Best Crypto Currency Investing App.
- Cryptocurrency Outlook.
- Economic Times Report For Cryptocurrency.
- Global Cryptocurrency Users In 2030.
- Bitcoin Price During Covid-19.
- Disclaimer.
Expert'S Opinion For Crypto Currency.
Raul Paul, CEO of Real Vision and former Goldman Sachs employee, said that by 2030 the cryptocurrency market cap will be 100X times larger than it is now.
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Cryptocurrency Outlook.
Over the past two years, cryptocurrency has been buzzing around. The reason for this is that it has given investors multiple returns in just a few months. Due to Corona, relevant banks around the sector revealed lots of cash, and this cash became invested in virtual currency. However, cryptocurrency is seeing a period of improvement this year.
Economic Times Report For Cryptocurrency.
In a report published in the Economic Times, Raul Paul, CEO of Real Vision and former Goldman Sachs employee, said that by 2030, The general marketplace cap of cryptocurrencies is presently barely over $2 trillion. He says it'll cross $250 trillion by 2030. Accordingly, cryptocurrencies will be one of the asset classes that will see the most growth. Currently, the total market cap of the global equity market, bond market, and real estate are around $250-350 trillion.
Global Cryptocurrency Users In 2030.
1. It should have a user base of $350 crores
Talking about his prospects, Paul said that if the number of global cryptocurrency users reaches $3.5 billion or $350 million by 2030, the market cap will in any case exceed $250 trillion. About this possibility, Vikram Sabaraj, co-founder and CEO of Gets cryptocurrency exchange, said that it is possible only when the cryptocurrency is recognized by the governments and institutions of the world.
2. There has been an improvement of 25-30 percent in the market cap
Market experts also say that there has been an improvement of 25-30 percent in the market cap of cryptocurrency at present. It is currently close to $2 trillion. With the kind of news coming from all around, there is every possibility that the acceptance of cryptocurrencies will increase a lot in the coming days. It will be a top asset class in the next 10 years. The returns that investors will get here will not be the same as in gold or equities.
3. Bitcoin is close to $42 thousand dollars
Currently, Bitcoin is around $42 thousand dollars. So far in the month of January, Bitcoin's market cap has fallen by more than $80 billion. In this kind of situation, clouds have started to hover over the opportunity of Bitcoin reaching 1 lakh dollars. Crypto marketplace specialists say that it'll undoubtedly attain its goal, even though it might be late.
Bitcoin Price During Covid-19.
Gold investors are turning to crypto
During the Corona period, Bitcoin crossed $65 thousand dollars, which is a record high so far. A jump of more than 130 percent is necessary for bitcoin to reach $1 million from current levels. Goldman Sachs and Zach Pendle analyst stated final week that Bitcoin should without difficulty move the $1 million mark if the cryptocurrency keeps dominating the gold marketplace.
Disclaimer
Our information on this website is to enhance your education, we do not constitute our financial advice, investment advice, and trading advice The information provided on this website, we do not imply you to invest in any cryptocurrency Says because the crypto market is volatile your crypto investment can be risky, we request you to consult your financial advisor if you want to invest in crypto