Is a $100T Market Cap for Crypto Possible? | Crypto Market Update 1.20

$100T Crypto Market Cap | Market Update | Major Crypto News

With growing distrust in the current financial system and the innovative attributes of cryptocurrencies, crypto sees a bright future in terms of growth. Some have modeled a $100T market cap. Is this possible? From where can this money come?

Let us explore.

• Institutions are promptly investing into early-stage crypto projects through Venture Capital, an; estimated $32.8 billion in 2021 to be more precise. Expect the number to rise this year. For example, A17z just announced a $4.5 billion venture fund.
• Once regulation over crypto develops, a large cohort of traditional investors will likely join with direct exposure. 80% of these investors look favorably upon cryptocurrencies. The traditional stock market is worth $53 trillion.
• When a spot-price Bitcoin ETF hits the market, likely this year, expect Bitcoin to dig into gold’s $12 trillion market cap.
• The derivatives market is worth $1 quadrillion.
• An often-overlooked subject is Great Wealth Transfer. In a study by Cerulli Associates, the firm estimates $68.4 trillion in wealth will transfer into Gen X and Millennial hands in the…