According to an expert on blockchain technologies and a professor at Cornell University, Emin Gyun Shirar, the capitalization of the cryptocurrency market may exceed $ 1 trillion.
A university teacher tweeted a post in which we recall that in early 2018, the value of digital currencies exceeded $ 700 billion.
Now we are experiencing a state of crisis caused by a weakening of interest in cryptocurrencies, the professor said. But soon the market will start growing again, and the largest digital currency Bitcoin will show us aggressive growth.
Emin Kyung Shearer emphasized :
"Cryptozyme" ends. We were able to reach $ 700 billion. Now we will exceed $ 1 trillion when we figure out how to scale and create new non-custodial solutions, how to deploy applications that people want to use and that bring positive results to the community.
Crypto winter will end.
We reached $ 700B with inherently unscalable technologies.
We will be surpassing $ 1T.
– Emin Gün Sirer (@ el33th4xor) March 28, 2019
Among the factors that could lead to an aggressive growth of the cryptocurrency market, the professor called the positive decision of the US Securities and Exchange Commission (SEC) to launch bitcoin-ETF crypto funds and an increase in people's interest in the new class of assets.
As soon as the SEC allows the launch of Bitcoin-ETF trading in the market will be safe, which will contribute to a sharp increase in the influx of investors in this segment of the economy, the expert believes.
Tim Draper , another supporter of the cryptosphere, previously expressed a similar point of view. He even allowed the option in which the largest BTC coin will soar in price up to $ 4 million.
Publication date 04/02/2019
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