Cryptocurrency Market Will Hit $1 Trillion Valuation
Chief Executive Officer Jesse Powell of Kraken, a digital currency exchange company, suggest that the cryptocurrency market will reach a total value of $1 trillion in 2018. Powell further states the “cryptocurrency market would continue to see growth despite some pullback in recent weeks”.
CoinMarketCap value the current market capitalisation of all cryptocurrencies at $417 billion, according to their data. This is positive news for cryptocurrency enthusiasts who seek to reap further rewards from the fast-growing market.