‘Crypto Sector Poised for Explosive Expansion: $10 Trillion Sector Cap on the Horizon’

• Cryptocurrency industry dominating present-day surge, Bitcoin strategies $62K.
• Optimistic forecasts recommend crypto market place scaling to $100 trillion.

The earlier week has been a whirlwind for crypto fans, kicked off by the presidential debate, which injected positivity into the market place irrespective of no direct mention of crypto by either candidate.

The SEC faced lawful setbacks, impacting conditions in opposition to Consensys, Binance [BNB], and Ripple [XRP], incorporating to the market’s dynamics.

Exhilaration also brews around the doable approval of an Ethereum ETF and new filings for a Solana ETF by two asset professionals.

YouTuber Scott Melker summed it up eloquently when he stated,

“This 7 days felt like a ten years in terms of impactful functions.”

Fascinating Developments in Crypto Now!

July 1st saw the crypto current market donning a hopeful shade of green, with several cryptocurrencies dealing with more than a 2% each day surge. Bitcoin [BTC], the flagbearer, showcased a 2% uptick in the earlier 24 hrs, inching closer to the $62K milestone.

In an episode of “The Wolf of All Streets” podcast, Dan Tapiero, Founder of 1Roundtable Associates, shared his ideas on this optimistic craze, stating,

“Bitcoin holders are probable benefiting, and I foresee a climb to all over $150,000 in the upcoming 18 months on this rally.”

To begin with estimating a $10 trillion industry cap for crypto, Tapiero has revised his forecast thanks to new enhancements in the subject, now anticipating figures like $30 trillion, $70 trillion, or even $100 trillion in the potential.

He also pointed out the chance of hitting the $10 trillion mark in the upcoming 18 to 24 months.

In a latest X (previously Twitter) publish by CoinGecko, a surge in the overall #crypto sector cap to $2.46T was highlighted as Bitcoin reclaimed $63K, prompting users to ponder buying, selling, or HODL-ing.

“Total #crypto sector cap is up 4% to $2.46T nowadays as #Bitcoin reclaims $63K. Are you buying, providing, or HODL-ing?”

Discovering the good reasons behind the forthcoming bullish wave, the Mystery of Crypto account on X supplied insights,

Supply: Thriller of Crypto/X

Memecoins Making Waves

Aside from recognized cryptocurrencies, memecoins are also shaking up the crypto scene appreciably.

This simple fact was emphasised by CoinMarketCap’s trending coins, with three memecoins gracing the listing. Dogecoin [DOGE] stood out, registering a 2.22% surge in the very last 24 hrs.

Supply: CoinMarketCap

Expressing a related sentiment, @cryptosanthoshK predicted,

“I foresee a memecoin and altcoin bull time in tandem shortly.”