Report experts: Crypto-currency market may shrink 25%

Report experts: Crypto-currency market may shrink 25% Forecast: Afterwards a rapid growth in the market is predicted
Finance
February 5, 2018 10:51
Report experts: Crypto-currency market may shrink 25%

Baku. 5 February. Capitalization of global crypto-currency market continues to stay below $ 400 bln.

Report informs referring to the coinmarketcap.com, the volume of aggregate capitalization falling below this level on 2 February, has slightly recovered during the weekend, but it still below $ 400 bln.

Notably, the volume of record capitalization of the crypto-currency market was $ 832 bln on January 7. at $ 1bn. At present, total capitalization of the market is 2.1-fold or 52% lower than the record level and makes $ 396 bln.

Experts of Report News Agency don’t rule out that in the short-term perspective, capitalization of crypto-currency market may decline by 20-25%. Total capitalization will reduce to $ 300 bln. Afterwards a rapid growth in the market is predicted.

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