Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Cryptocurrency Industry Entering Major Growth Phase, Adds $750 Billion in Value in H1: Architect Partners Report

Cryptocurrency Industry Entering Major Growth Phase, Adds $750 Billion in Value in H1: Architect Partners Report

CointimeCointime2024/07/03 09:37
By:Cointime

According to a quarterly report by investment bank Architect Partners, the digital asset industry is entering a major growth phase and has added over $750 billion in value in the first half of the year. The growth was driven by the surge in the value of crypto tokens, successful launch of spot bitcoin exchange-traded funds in the US, and appreciation of publicly listed crypto companies. The report notes that crypto, which was once the stepchild of the internet, is now outperforming its predecessor and exceeds the internet's value at the same point in their respective life cycles. Confidence and momentum are back in the market, with professionalism, risk management, ethical behavior, and doing it right becoming the foundational principles of crypto.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ARK Invest CEO Cathie Wood Shares New Predictions for Bitcoin Price After Record Highs

Famous investor Cathie Wood talked about new records in Bitcoin prices in her live interview.

Bitcoinsistemi2024/11/16 14:11

Famous Analyst Made a Crazy Prediction for Cardano (ADA) Price: Sets a Date

Cryptocurrency analyst Ali Martinez made an unbelievable prediction for the Cardano (ADA) price in his statement.

Bitcoinsistemi2024/11/16 14:11

Unbelievable Cryptocurrency Scam in Ankara! One Person's 38 Million TL Vanished!

According to AA, a businessman in Ankara was defrauded of 38 million liras with spyware by fraudsters who introduced themselves as cryptocurrency exchange officials.

Bitcoinsistemi2024/11/16 14:00