Half a Billion More Crypto Investors by 2030

The anticipated bull market for 2024 will probably be spearheaded by Asians and Africans. However, Europe and America will still maintain their huge impact on the crypto industry. As crypto becomes more and more popular among the younger generations, there are major concerns about how this industry would affect adolescents because of how its volatility affects human emotions.

In a report sourced from Alex Kruger, a macroeconomist, he said that 500,000,000 more prospects should enter the crypto industry by the year 2030. And this should encourage the development and acceptability of this aspect of the financial market. Crypto is becoming increasingly popular especially among young investors, even though it is not yet widely accepted. According to some information gotten from a recently conducted investigation, the larger population of the new prospect of the crypto market will be from Africa and Asia. Initially, the Western part of the world such as America and Europe made the capitalization of the cryptocurrency market available, and other parts of the world are just catching up.

Crypto Market at the present

In general, this industry is in its crisis times. Recently, Bitcoin was selling below its present intrinsic value as It plunged slightly below the $19,000 support level. And then, it normalizes its price to a higher level. For now, financial regulators await the information from Consumer Price Index which they will use for making decisions in the upcoming Federal Open Market Committee meeting.

Learn from the market wizards: Books that will take your trading to the next level

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

Follow @ItuGlobal

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

WHAT IS ADVFN?

ADVFN covers all things stock market.

From the news and opinion pieces on pages like this to share discussion forums, charting tools, financials, live share prices and Level 2, order book data

If you trade or invest ADVFN has the tools you need to make the right decisions.

• 

  101 Ways to Pick Stock Market Winners

  You need the number one bestselling investment guide, the definitive text for day traders, investors and stock pickers.

• 

  The Death of Wealth

  Dissecting the global economy and the financial markets, the book lays out the evidence for the next economic game changer: the Death of Wealth.

• 

  Alice Hudson

• 

  Ella Mason

• 

  Accendo Markets

• 

  Beth Anne Lamar