The cryptocurrency market is where all digital currencies are purchased and sold. The crypto market has grown exponentially in the last few years, and the global cryptocurrency market cap has reached $1.02 Trillion as of 29 October 2022. Bitcoin is the largest cryptocurrency in terms of market capitalization, followed by Ethereum at the number second position.
The cryptocurrency market is expected to experience significant growth in the upcoming years, given the increased acceptance of digital currencies in major economies, the rise in interest in the crypto market among investors, and openness for new technologies like Blockchain, AI, IoT, etc.
According to Boston Consulting Group (BCG), the crypto market cap could increase four- to five-fold by 2030. This indicates a massive opportunity for wealth managers in the crypto market.
This is based on a survey that revealed that clients would consider expanding their crypto holdings if wealth managers offered advisory and education services.
The Coingape website provides Crypto enthusiasts with all the crypto-related news, including Cryptocurrency market analysis, new players, top gainers & losers, and price prediction of major digital currencies.
