The head of the DeVere predicts growth of capitalization of the stock market 5000%
According to the General Director of the DeVere group Nigel green, over the next ten years the capitalization of the cryptocurrency market will increase by 5000%.
In the same period, the market will increase competition among digital assets, which ultimately will lead to the weakening of the bitcoin.
No one thought that the world will enter the era of the global digital revolution, and bitcoin in ten years of its existence, will be able to occupy leading positions, quotes words of the businessman portal NewsBTC. Crypto currency will grow in price despite some periods of decline and stability.
Bitcoin has destroyed the traditional world of Finance and business. The coin was part of scriptorially.
The CEO of DeVere also believes that the future world civilization will be formed taking into account the dynamics of development of blockchain technologies.
Bitcoin, even if it will lose some of the positions in the market, may become a global reserve currency and ensuring its value will be the technology behind this project.
Now capitalization of the cryptocurrency market is $209 billion, and the index of dominance of bitcoin — just above the 53.7%.