The expert predicted the growth of the capitalization of the cryptocurrency market up to $ 300 trillion

Former Goldman Sachs top manager and macro-investor Raul Pal allowed the increase in the capitalization of the digital assets market up to $ 300 trillion in the next 10-15 years.

According to him, the capitalization of almost all financial markets is from $ 200 trillion to $ 300 trillion. Pal believes that in the future cryptocurrencies will also reach this level within the framework of “fastest and most large -scale growth” in history.

The expert forecast is based on the volume of activity around the digital asset industry and Web3. Pal also noted the inflow of venture investments of $ 60 billion over the past 18 months.

He is sure that the market capitalization of cryptocurrencies will take off immediately after the end of macroeconomic shocks. According to the expert, in the next 6-12 months, many new products will appear in the crypto industry.

Earlier, the head of the management company Ark Invest Katie Wood predicted an increase in bitcoin capitalization to $ 4.5 trillion.

Most of the Mliv Pulse Cryptocurrency Investors expected that until the end of 2022, digital gold will be traded in the range of $ 17,600–25,000.

Recall that in September, Bitcoin-maximalist and founder of Microstrategy Michael Sailor predicted the new historical maximum price of the first cryptocurrency in the next four years.

In October, the trader and analyst Michael Van de Poppe predicted the growth of digital gold to the level of $ 30,000 in November.

Read the FORKLOG Bitcoin News in our Telegram-cryptocurrency news, courses and analytics.

https://gagarin.news/news/what-is-a-market-depth-chart-and-how-to-read-it/