Bitcoin

Spot

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<ul class="news-points">
 <li>Brad Garlinghouse remains optimistic about the growth of the crypto market in 2024.</li>
 <li>Ripple CEO predicts the rise of global crypto market capitalization to $5 trillion by the end of 2024.</li>
 <li>Garlinghouse’s predictions are based on the growing demand for Bitcoin ETFs and the upcoming Bitcoin halving.</li>
</ul>
Ripple CEO Brad Garlinghouse <a href="https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html" target="_blank" rel="noopener noreferrer nofollow">remains</a> “very optimistic” about the crypto market gains this year, especially due to the emergence of the Spot Bitcoin ETFs. Reinforcing his bullish views, Garlinghouse forecasted that the crypto market capitalization would grow more than 2x to reach $5 trillion by the end of 2024.
Garlinghouse elaborated on the significant impact of the increasing demand for Bitcoin ETFs on the crypto market. Ripple CEO acknowledged Bitcoin ETFs as a game changer in the industry as it enabled the active participation of institutional and retail investors. He stated,
<blockquote class="wp-block-quote">
 “I’ve been around this industry for a long time, and I’ve seen these trends come and go. I’m very optimistic. I think the macro trends, the big picture things like the ETFs, they’re driving for the first time real institutional money.”
</blockquote>
According to the recent updates of<a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow"> C…</a>
The post <a href="https://coinedition.com/ripple-ceo-forecasts-crypto-market-capitalization-growth-to-5t-by-year-end/" rel="noopener noreferrer nofollow">Ripple CEO Forecasts Crypto Market Capitalization Growth to $5T By Year End</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ripple CEO Forecasts Crypto Market Capitalization Growth to $5T By Year End

Coin Edition

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