A prominent crypto exchange executive predicts significant price increases for major cryptocurrencies during the current market cycle. The potential rise is linked to anticipated economic policies that could substantially increase market liquidity.
These policies are expected to lower interest rates and involve refinancing trillions in debt, along with possible tax cuts. These actions could lead to more available cash through measures.
The executive’s predictions for some popular coins current levels have Bitcoin reaching over 259% increase. Ethereum is expected to increase over 200%. Solana and Sui are forecast to increase at least 350% and over 676%, respectively. Market liquidity is thought to start to growing within the first quarter of the year.
Also in April 2024, the executive mentioned the overall cryptocurrency market could be expect to growth to $50 trillion within a decade, Driven by increased adoption of real-world assets.
