Ripple CEO predicts that the total market value of cryptocurrencies will reach $5 trillion by the end of the year

BlockBeats news, April 9, according to CoinDesk, Ripple CEO Brad Garlinghouse said that the value of the cryptocurrency market may almost double to $5 trillion by the end of this year, driven by the spot Bitcoin ETF approved by the United States in January and the upcoming Bitcoin mining reward halving later this month. "I'm very optimistic. I think macro trends, big situations like ETFs, they are driving, and for the first time, we see real institutional funds," Brad Garlinghouse said. "You see this driving demand, and at the same time, demand is increasing and supply is decreasing."