- The cryptocurrency market is set to reach all-time highs this year, according to Brad Garlinghouse, CEO of blockchain company Ripple.
- Garlinghouse said that interest in crypto from large financial institutions is not priced into the market as much as he would have expected.
- Crypto is “settling into a really nice opportunity to grow for the next 10 years,” Garlinghouse told CNBC.
Cryptocurrency markets will reach all-time highs this year, the CEO of one of the largest companies in the sector has told CNBC.
“I’m very bullish, and yes, I’ll go on record as saying, I think we’ll see an all-time high,” Ripple CEO Brad Garlinghouse told CNBC when asked about the performance of cryptocurrency this year.
Bitcoin, the world’s largest cryptocurrency, hit an all-time high of around $126,000 in October and was trading at around $89,000 as of Wednesday.
Speaking at the World Economic Forum in Davos, Switzerland on Tuesday, Garlinghouse said regulatory changes such as the landmark GENIUS Act had “unlocked a lot of activity.”
Crypto markets 'will reach an all-time high' this year, says Ripple CEO
Interest in crypto from large financial institutions is not priced into the market according to Brad Garlinghouse, CEO of blockchain company Ripple told CNBC.
