Ripple CEO Brad Garlinghouse Predicts $5 Trillion Cryptocurrency Market, Supporting Cryptocurrency Use

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Recently, Brad Garlinghouse who is the CEO of Ripple, talked about his prediction that the value of the crypto market will get as high as $5 trillion. He even mentioned that $5 trillion was him being conservative. Brad later said that, initially he never imagined the potential expansion of the cryptocurrency market.

Regardless of the recent drop in the value of Bitcoin, Garlinghouse is very positive that the cryptocurrency market has a very bright future ahead - and that the Exchange Traded Funds (ETFs) and the 2024 halving of Bitcoin, will greatly influence that.

Brad further talked about his prediction of the continuous rise of the cryptocurrency market, emphasizing demand and supply as the factors controlling the value. He stated that the decline in supply, and the surge in demand; especially with ETFs being pivotal in that, will lead to more expansion of the crypto markets.

Garlinghouse mentioned that more people are becoming aware of the potential and value of the cryptocurrency industry, and have started taking cryptocurrencies as a major investment option.