Crypto Forecast: Digital Currency Market Estimated to Hit $1 Trillion Before 201

[Goodcat49]

The cryptocurrency market valuation is most likely to strike $1 trillion this very year, the market cap of digital currency appears to just rise by a small margin. Although some of the cryptocurrencies are cumulatively declining, the market cap appears to soar year-on-year. As the 10 year anniversary of BTC whitepaper was celebrated, many cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash and others observed the event with intense green trading period.

According to Powell, there are several commercial enterprises and other developments orbiting around digital currencies right now. There are also several individuals in the know-how of digital currency is currently. This would push the whole digital currency market to jump a valuation of $1 trillion.   

The latest cumulative market cap of all digital currencies is approximately $417 billion. Before the recent decline, it was almost $800 billion. This means that it is possible to make the valuation of $1 trillion irrespective of the cumulative market cap increasing by 25% from the peak.   

Top 10 Cryptocurrency Summary   
It was an average, red trading period for several big cap alts and Bitcoin. The top 3 digital currencies Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) were successful in finding support at nearly $6400, $200 and $0.45 price levels which appears to be a big relief to many holders.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/digital-currency-market-estimated-to-hit-1-trillion/