Coinspeaker
Ripple CEO Predicts Crypto Market Will Double to $5T by End of Year

The chief executive officer (CEO) of blockchain company Ripple believes that the total market capitalization of the entire crypto market will hit $5 trillion before 2024 ends. According to Brad Garlinghouse, this target is possible because of several factors potentially affecting the Bitcoin market.

Ripple CEO Bullish on Crypto Market Cap Doubling Past $5 Trillion This Year

Speaking to CNBC, Garlinghouse mentioned the spot Bitcoin exchange-traded fund (ETF) market in the United States as one of the factors. According to the Ripple CEO, the upcoming Bitcoin halving is another.

Explaining why he believes in this possibility, Garlinghouse highlighted his experience in the crypto industry, and the trends that have come and gone over time. On the ETFs, he said the trades are now “driving for the first time real institutional money” in the Bitcoin market. For a while, the crypto industry has been somewhat ...