2023 the golden age for Bitcoin – Cryptos promised a bright future according to Bernstein

crypto crystal ball – In the cryptouniverse, predictions and other premonitions about cryptocurrency prices there are many. Sometimes realistic, or rather unfounded, many predict a bright future for Bitcoin and its peers. This is the case of this latest analysis of Bernstein which explains that 2023 could be ” the golden age of cryptocurrencies ». Let’s take a breath of optimism.

400 billion in crypto market revenue by 2033

While we thought Bitcoin the dead NFT in PLS and metaverse in agony, it seems, Bernstein is, indeed, more positive. According to one of his recent analyses, institutional investors and traditional companies are increasingly interested in cryptocurrencies.

This growing investor interest has led to a increasing the total capitalization of assets, observed to a lesser extent during a bear market. However, the cold winter of crypto does not freeze the analyst who puts the income of the cryptocurrency market in 400 billion dollars until 2033.

Traditional companies are also starting to explore the possible uses of blockchain technologies behind cryptocurrencies. The craze, despite the crypto winter once again, is very present. of NFT and the metaverse are not dead in the same way that Bitcoin is doing well, no matter what may happen thinking Bill Gates.“(…) innovations in blockchain scalability and the growth of applications in the segments consumption of financial services and technology. »

This man is ready for 2033

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Bitcoin and cryptos, new darlings of institutional investors

Thus, Bernstein, an investment advisory firm, Explain that this increase in investor interest in cryptocurrencies is encouraged by the establishment of an increasingly present regulation. Despite the various defeats of the year and other disappointments such as FTX case, Bernstein then asserts that cryptocurrencies would have passed the age of maturity : the golden age begins.

The authors of the report also confirm that this trend should increase over time, with, in fact, a growth in the total market capitalization of cryptocurrencies. Additionally, the study predicts that cryptocurrencies could become a substitute for traditional assets such as stocks or bonds. Therefore, again according to Bernstein, companies and enterprises no longer have to make the choice of The “zero crypto” strategy..

An alternative source of return to traditional finance, freedom of enterprise, or even looking to the future: cryptocurrencies are a possible solution and considered by investors regardless of the economic context we are going through. This growing interest of institutions in blockchain technologies is not new. A Samsung investment arm even confirmed, last week, the opening Bitcoin ETF. Paradoxically, while crypto inspires some and intrigues others, its enemies still run amok. This is the case of Nouriel Roubini who thinks that cryptocurrencies “They are the biggest fraud in history”.

Bitcoin and cryptocurrencies are here to stay and will change the landscape of the economy, everyone agrees. On your part, do not delay too much and go register to AscendEX. Benefit from 10% discount on trading fees (trade link, see terms on page)

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