CandleFocus Crypto Market Cap Could Ballon to $10T by 2026 Under Trump Administration: Standard Chartered
2024-11-11
Author: Content Editor
Investment bank Standard Chartered predicts that a Republican sweep in the US government could lead to positive policies for the cryptocurrency sector. The bank forecasts that the total market capitalization of crypto could reach $10 trillion by the end of 2026, a fourfold increase from its current value of $2.5 trillion. Standard Chartered cites regulatory changes and a potential shift in stance from the Securities and Exchange Commission (SEC) as factors that could contribute to this growth. The bank also reiterates its targets for Bitcoin and Ether and expects the performance of Solana to outperform the top two cryptocurrencies.
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