The global crypto market cap is 1 01t a 4 01 increase over the last day. He believes that hyperbitcoinization can lead to bitcoin reaching 10 million.
Top 10 coins by market capitalization usd usd.
Bitcoin market cap in 5 years. Bitcoin has recently suffered a correction taking a 2 5 percent dive in the past 24 hours to its current price which is trading at 17 895. Read more the total crypto market volume over the last 24 hours is 240 11b which makes a 74 01 increase. Last updated sep 27 2020 11 16.
Ark investment management llc thinks that bitcoin is an asset with one of the most attractive risk reward profiles. The human mind struggles to comprehend a. Bitcoin could scale up to a trillions market cap in 5 to 10 years.
Bitcoin s market cap is 589 151 427 715. Ethereum may surpass bitcoin s market cap in the next 10 years says economist raoul pal reading time. 4 reasons bitcoin may hit usd 1 5 trillion market cap in 10 years.
A prominent investor in electric car maker tesla has said it expects bitcoin s total value to balloon to between 1 trillion and 5 trillion during the next five to ten years. 2 minutes by anthonia isichei on december 11 2020 ethereum economist raoul pal says ethereum s eth probable adoption as programmable money may see it becoming the largest cryptocurrency by market capitalization overtaking bitcoin btc. Ethereum could be bigger than bitcoin by market cap in 10 years says raoul pal.
And according to the report bitcoin s market capitalization still has plenty of room to grow from its current level of just over usd 200bn. A value of 1 per dsat would equate to a 18 5 trillion in fully diluted market cap for bitcoin that assume 2 5 million lost bitcoin a low estimate. Bitcoin s value adjusted for this market cap will give us 166 000 per bitcoin.
In the long term 3 5 years we expect crypto market cap to exceed 5 trillion dollars in the total market cap. As you can see in the chart above bitcoin could be worth 33 000 when the total crypto market cap reaches 1 trillion. Sarah tran dec 11 2020 06 21 3 min read.
Adam back a cryptographer and crypto pioneer predicted the value of bitcoin to soar to 3 00 000 per bitcoin in the next five years.