Cryptocurrency investors woke up to a very pessimistic day today and the leading cryptocurrency Bitcoin (BTC) pinned $ 42,400 for the first time in a long time.

Raoul Pal, former manager of Goldman Sachs and CEO of Real Vision, thinks that the rise and growth of the crypto money industry will continue at full speed.

Pal claimed that while the entire industry is currently worth $2.1 trillion, it may increase 100 times in the coming days. According to Pal, we have about 8 years for this to happen. The famous name stated that the total value of the sector can easily reach 250 trillion dollars by 2030 and said that this growth cannot be prevented.

Pal

Comparing the other markets, bonds, bonds and real estate sector with the crypto money sector, the experienced name stated that they actually have an average value of 250-350 trillion dollars. Stating that the derivatives markets are over $ 1 quadrillion, the analyst thinks it is possible for Bitcoin to lead a $ 250 trillion industry.

Stating that cryptocurrencies have grown at a rate never seen before in any asset and sector in history, the analyst is confident that new records will come in a short time. Pal thinks that there are 3.5 billion people in the industry right now, and he expects a sharp increase in the number of these people in 2030 with the available data. As soon as Bitcoin saw what price at that time, it is obvious that BTC is in a very difficult situation right now.

BTCUSDT_2022-01-06_20-47-51

Bitcoin price today is $43,052.40 USD, with a 24-hour trading volume of $41,454,232,826 USD. We update our BTC/USD prices in real time. Bitcoin has dropped a percentage in the last 24 hours. Current CoinMarketCap rank #1, market cap of $814,620,028,218 USD. The circulating supply is 18,921,593 BTC coins and is maxed out. 21,000,000 BTC coins.