ETF.com CEO Matt Hougan called digital currencies an "early-stage technology" with great potential in an interview with Bloomberg. The expert also believes that the market capitalization is $1 trillion. should happen this year.
The expert believes that the market will reach a capitalization of $1 trillion, but this process will not be easy. Hugan is confident that the main obstacle is significant fluctuations in the value of cryptocurrency.
“Digital currencies will be able to change the investment market in the same way that exchange-traded funds did in their time,” says Hougan.
Note that many analysts and experts in the field of cryptocurrencies predict significant growth for Bitcoin within six months.
For example, Tom Lee, managing partner and head of research at Fundstrat Global Advisors LLC, predicts the global growth of the cryptocurrency rate by July of this year.
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