Garlinghouse predicts the crypto market's total capitalization to double to $5 trillion by the end of 2023, citing recent developments like ETF approvals and the impending Bitcoin halving as major growth drivers.
Garlinghouse highlights factors such as ETFs allowing institutional money into the crypto space and the Bitcoin halving event reducing supply as key drivers for the significant growth potential.
Despite the regulatory challenges, Garlinghouse remains optimistic about the industry's future and believes that positive regulatory momentum and the upcoming U.S. election year could further boost the crypto market.
#bitcoin-market-growth #cryptocurrency-market-cap #institutional-investment #regulatory-momentum #bitcoin-halving
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