Bank of America: crypto market net worth will reach $30 trillion

24.03.2022 11:23
by Artem Ustinov
1 min read

Bank of America: crypto market net worth will reach $30 trillion

Specialist of the strategy department of Bank of America believes that the regulation of the crypto market will increase its capitalization to a record high. Analysts are sure that the crypto industry has become less decentralized and reliable.

Expert estimates the prospects for the semi-decentralized part of the crypto market ecosystem at $30 trillion. Such a system is blockchains that are secretly managed by centralized organizations.

Bank expert Alkesh Shah believes that Bitcoin and blockchain have changed course. Satoshi Nakamoto originally created the cryptocurrency in response to the 2008 financial crisis. But industry decentralization is falling and the way bitcoin is used has changed.

Author

  • Crypto analyst and practitioner trader with the law and managerial education. Active investor and crypto enthusiast. Worked as an analyst and copywriter in a brokerage company. Accompanied by DAO and NFT projects of different levels of complexity.

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