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International Business Times
International Business Times
Business
Marvie Basilan

Ripple CEO Sees Crypto Market Cap Topping $5 Trillion This Year

Ripple Crypto Brad Garlinghouse SEC Bitcoin United States
Crypto Mass Adoption? It's When, Not If – with Brad Garlinghouse, Ripple CEO, at Collision 2022 (Credit: YouTube Screenshot/ Ripple Official YouTube Chanel)

KEY POINTS

  • He said "macro trends" will have a positive effect on the crypto market's total value
  • He also noted the approval of spot Bitcoin ETFs as a factor that could drive the crypto market higher
  • Ripple is faced with a complaint by the SEC wherein the latter reportedly seeks some $2 billion in fines

The CEO of fintech giant Ripple is very optimistic of the cryptocurrency market's growth this year as he predicted that the sector's market value could almost double by year-end 2024.

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