Bitcoin’s market cap could hit $1 trillion in 2021 as its growing reserve currency status drives adoption higher, a cryptocurrency expert says | Currency News | Financial and Business News

A chain of block erupters used for Bitcoin mining.

  • Bitcoin’s market cap could hit a trillion dollars as early as 2021, according to Blockchain.com’s head of research.
  • “My expectation is that bitcoin will become a trillion dollar asset as early as next year,” Garrick Hileman, who is also a visiting fellow at the London School of Economics, told Business Insider.
  • Although the 2020 bitcoin rally was largely driven by institutional investors, he expects to see…

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