...total Cryptocurrency market capitalization will be at least $2 Trillion.
Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.
This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.
Stock Market cap: $78 Trillion
Bond market cap: over $100 trillion
Real Estate market cap: $33.3 trillion
Commodities Market cap: $20 trillion
Forex Market cap: $5.1 trillion
This will very likely propel Cryptocurrency to wider adoption.
World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.
Yeah,the global market cap might reach 2 trillion USD.And SO WHAT?Why do we have to care about market caps?Do you realize how difficult it will be for Bitcoin to reach 100K USD?
1.Every time there's a bitcoin pump,many traders sell BTC and buy altcoins,waiting for bigger profits.This pushed the bitcoin price down.
2.Every time there's a bitcoin price pump,the mainstream media "FUD army" starts the same old FUD propaganda campaign that scares away the noobs,who might buy BTC for the first time.
3.If there's a big bitcoin price pump all the governments,central banks,SEC,etc. will start shitting over bitcoin.
4.Probably 3/4 of all bitcoin users HODL their BTC.If there's a big price pump,they will simply start selling their BTC,thus the price will go down.