$15 Trillion Market Cap For Bitcoin? Crypto Firm CEO Predicts Explosive Growth

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$15 Trillion Market Cap For Bitcoin? Crypto Firm CEO Predicts Explosive Growth - NewsBTC

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Morehead said that the price surge will be fueled by the growing technology adoption in the financial sector, adding that "blockchain remains largely untapped.” If Bitcoin reaches the $740,000 mark, Morehead predicted that the firstborn cryptocurrency’s total market capitalization could reach a whopping $15 trillion.

Pantera Capital CEO Dan Morehead said that global blockchain adoption still lags compared to other global financial assets, saying that blockchain’s untapped potential could drive Bitcoin to an exponential growth in its market capitalization.

Related Reading: Crypto Bloodbath: Over $500 Million Liquidated As BTC Slides To $92K – Report Current Market Condition In the past few days, analysts noted that Bitcoin price decreased by 1.23% to $91,000 while its trading volume increased by 12% to $91 billion.