
Raul Pal: "Crypto market to reach $100 trillion capitalization"
08.07.2024
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79And at the same time advised investors not to take unnecessary risks when investing in digital assets:
"The market will reach a capitalization of $100 trillion in the next ten years, and investors should already balance opportunities now with the right portfolio management strategies to effectively generate big returns."
There has been a marked cyclicality in global liquidity since 2008, says an experienced investor. The current market cycle is largely driven by the growth of marketable assets such as equities, cryptocurrencies and artificial intelligence related technologies.
The financial expert emphasized that the global liquidity cycle has a predictable structure and highlighted several factors that could affect the cryptocurrency market cycle: the upcoming U.S. presidential election and the Federal Reserve (Fed) rate cuts.
Earlier, Raul Pal said that the altcoin market capitalization is preparing to reach new records, and in general, the "cryptocurrency summer" is coming.