<ul><li>Ripple CEO Brad Garlinghouse estimates the crypto market cap will hit $5 trillion by 2024, buoyed by Bitcoin ETFs and halving.</li><li>The current market cap is at $2.6 trillion; prediction requires a significant Bitcoin price increase and regulatory clarity in the U.S.</li><li>The positive regulatory environment and the upcoming U.S. election are expected to provide clearer crypto frameworks, aiding growth.</li></ul>The cryptocurrency market will hit a market capitalization of $5 trillion, according to Ripple chief executive officer Brad Garlinghouse. Basing his predictions on multiple macro factors, Garlinghouse estimated his target to be reached by the end of 2024.According to Garlinghouse, the <a href="https://cryptotale.org/u-s-approves-bitcoin-spot-etfs-a-new-era-in-crypto-investment/" rel="noopener noreferrer nofollow">introduction</a> of the first Bitcoin ETFs, along with the <a href="https://cryptotale.org/bitcoin-and-ethereum-uptick-analysts-predict-explosive-price-surge-post-halving/" rel="noopener noreferrer nofollow">hype</a> around the upcoming Bitcoin halving, are the key pillars behind his rationale. As an entrepreneur in the industry for several years, Garlinghouse expressed his optimism, <a href="https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html#:~:text&#61;Ripple%20CEO%20Brad%20Garlinghouse%20said,-called%20bitcoin%20%E2%80%9Chalving.%E2%80%9D" rel="noopener noreferrer nofollow">stating</a>&#34;I think the macro trends, the big picture things like the ETFs, they’re driving for the first time real institutional money. You’re seeing that drives demand, and at the same time demand is increasing, supply is decreasing.”<a href="https://cryptotale.org/ripples-ceo-foresees-5-trillion-crypto-market-cap-by-2024/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Ripple's CEO Foresees $5 Trillion Crypto Market Cap by 2024

CryptoTale

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