Crypto market capitalization will grow by $1 trillion in case of approval of a spot bitcoin-ETF
The analytical company CryptoQuant in a new report on the cryptocurrency market writes that in the case of approval of the bitcoin-ETF capitalization of BTC can grow by $155 billion, and the total capitalization of the entire crypto market by $1 trillion, with the infusion of only 1% of institutional capital into the market.
According to analysts' calculations, the price of BTC in this case could rise to $50-70 thousand.
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