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Trading expert sets ultimate target for the crypto market this cycle

Trading expert sets ultimate target for the crypto market this cycle
The total cryptocurrency market capitalization is showing strength and has surpassed previous cycle highs, leading to renewed optimism among investors. A trading expert believes that the total market cap could reach $10 trillion in this cycle. The market has demonstrated its ability to recover after retesting lower levels, indicating strength. In Q4 2024, the total market cap surged by 45.7% and ended the year at $3.40 trillion. Despite recent volatility, the total market cap has reached $3.6 trillion and the market sentiment index is positive. Investment inflows into crypto funds have been increasing, and institutional confidence has improved. There has also been an increase in large-scale Bitcoin investors. The projection of reaching a $10 trillion market cap reflects the sector's growth potential, driven by rising adoption and increasing institutional and retail participation.

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