Ripple CEO predicts crypto market will hit $5 trillion by end of 2024
Brad Garlinghouse, the CEO of blockchain startup Ripple, is predicting a massive year for the cryptocurrency market, with a potential doubling of its total market capitalization to $5 trillion by the end of 2024. Garlinghouse attributed this anticipated surge to several macro factors, including the introduction of the first U.S. spot Bitcoin (BTC) exchange-traded funds (ETF) and the impending Bitcoin “halving” event, according to a CNBC report on April 8. Crypto market doubling on ETF surge and Bitcoin halving Emphasizing the significance of institutional investment inflow into the market , Garlinghouse highlighted the interplay between rising demand and diminishing supply as a key driver of potential price escalation, stating: Picks for you Machine learning algorithm sets Solana price for April 30, 2024 1 hour ago We asked Google Gemini if a global economic crash will occur in 2024 2 hours ago NiceHash to host a Bitcoin conference in Maribor to ce...