Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024
- Ripple CEO Brad Garlinghouse said he expects the entire value of the crypto market to double this year, citing the arrival of the first U.S. spot bitcoin exchange-traded fund and upcoming so-called bitcoin “halving.”
- “The overall market cap of the crypto industry ... is easily predicted to to double by the end of this year ... [as it’s] impacted by all of these macro factors,” Garlinghouse said.
- One of the other factors Garlinghouse sees pushing the crypto market to new highs is the possibility of positive regulatory momentum in the United States.
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