Bitcoin And The Cryptocurrency Market Could Hit $1 Trillion In 2018

Even though this headline may seem unbelievable, it is actually something that is not too far from reality.
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The current cryptocurrency market has increased a lot this year – and Bitcoin alone has grown by 625%. This year, Bitcoin has crossed the $6k mark and its market cap crossed the $100bn. mark.

This obviously means that Bitcoin will never keep us surprising. The entire crypto market, on the other hand, is now worth $179 billion dollars but in 2018 can hit the $1 trillion number pretty easy.

From $179 To $1 Trillion: The Way To Achieve This Goal

This year, the investments in ICOs arrived at around $2 billion dollars. However, next year will certainly be different for a lot of things – where the amount of cash flowing will be different and there would be investments from $20 billion to $25 billion dollars in ICOs.

What does this mean?

Well, it practically means that the cryptocurrency market is booming, and will certainly attract the big sharks in the game (institutional investors). During this year, there have been some cases where different countries and institutions were trying to regulate this market. However, the framework that is being built around it has been opening doors for institutional investors who believe that there is some kind of special environment that is going to protect them if they need protection.

It is clear that the first milestone in the crypto market is the $500 billion mark, which will happen soon according to experts. In fact, as soon as it crosses this mark, the crypto market will come to trillion in an easier way.
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With all the Bitcoin splits and new cryptocurrencies out there, the potential for this is big.

The ICO Industry IS Also Growing Strong

In the ICO industry, things are going hand in hand with the crypto market as well. According to expert analysis, this industry will grow exponentially by 2018 and that growth already started with some of the economic sectors becoming tokenized and others starting to use the Blockchain technology.

In the end, this will create a massive growth in all spheres and introduce a lot of new cryptocurrencies to the world. There is even the possibility for national cryptocurrencies which will somehow replicate the standard currencies – involving more people in the sphere and somehow controlling the cryptocurrencies in a central authority.