According to the CEO of Kraken, Jesse Powell, in the remaining months of 2018, crypto-currencies can retreat from the lows and begin moving towards new highs.This is reported by Smartereum
In the crypto industry, many companies have appeared, many people are involved in business with crypto-currencies, and all this can lead to the market capitalization exceeding $ 1 trillion already this year, Powell said.
And this despite the fact that some crypto-currencies are falling, the total market capitalization can only increasing in annual terms.
The current aggregate market capitalization of all crypto currencies currently stands at about $ 417 billion, but until the recent recession, capitalization has reached about $ 800 billion.
Thus, if the total market capitalization can rise only 25% of the maximum, it can actually reach $ 1 trillion.
The main problem of growth of crypto-currency is the problem of regulation. If regulatory problems are not resolved in the near future, the number of traders, as well as investors in crypto-currencies, will decrease.
It is for this reason that it is necessary to use an appropriate regulatory framework, as well as trade mechanisms, writes Smartereum.