Bloomberg: Cryptos to capture 20% of tech market by 2025.

Jafar224

Bitcoin (BTC) has seen a price increase of over 150% year-to-date, bringing the total market capitalization of the overall cryptocurrency market to $1.6 trillion, with a yearly growth of over 110%, reflecting a robust recovery in the crypto market this year. In response to the current situation, Jamie Coutts, who served as an analyst at Bloomberg Intelligence for nearly a decade and now focuses on blockchain, pointed out in a recent article that by the end of 2025, technology stocks are expected to account for 25% of the total global stock market, doubling the figure from the past decade. The market capitalization of cryptocurrencies is also projected to represent 20% of the market value of technology stocks by 2025, experiencing a fivefold growth within the next five years. He also stated that he believes technology and cryptocurrencies should be the largest holdings in investment portfolios at least in the next 1-2 years until the liquidity cycle changes. Altcoin season is expected to arrive within 1-1.5 years from the low point in Q2 next year. Earlier this month, Coutts also commented that altcoins are currently breaking out, but the market is still dominated by the rise of Bitcoin. The transition to altcoin season seems imminent, considering that the introduction of a Bitcoin spot ETF next year will lead to a significant influx of funds. However, he estimates that the altcoin season may arrive within 1-1.5 years after the low point in the second quarter of 2024. We will see some obvious long-term winners emerge in this cycle, with L1, L2 altcoins, and dApps having product/market fit and continuously growing adoption. The adoption of blockchain is in a structurally upward trend. Fasten your seatbelts.

Isha000

It's always good to keep an eye on the news.

Ritu13

Bitcoin is still rising sharply.