One hypothesis that hints that the crypto market is up for a big uptrend, even bigger than the surge recorded during the last year, arises from the growing cryptocurrency demand. Powered by market’s popularity, connoisseurs forecast that more and more institutional investors will seek to take a part in the action and grab a big piece of this pie.
As increasingly more cryptocurrencies are emerging on the mainstream markets and forming alliances with major investors including PwC, Goldman Sachs, and Santander, among others.
Big institutional investors can’t stay far for too long and this will boost the cryptocurrencies market
The best part regarding these institutional investors is that these entities are not used to deal with low-profile investments. Thus, they will come to the cryptocurrencies market only to place large-scale investments, so helping the market grow in terms of volume of transactions and market cap.
On the other hand, when reviewing the cryptos’ partners, it might be possible to not observe the bigger picture. Therefore, any news regarding the partnerships between big companies and cryptos seem isolated events. However, on the overall, firms like Facebook, MoneyGram, Santander, or Walmart, all of which are already involved in the cryptocurrencies market, to some extent, might influence other companies of the same level to go with the stream and get involved in the cryptos.
And, once it will happen, there will be a competition going on between the institutional investors, which will benefit only the cryptocurrencies market, in the end.
Cryptocurrencies market seeks widespread adoption
In short, the more companies will invest in cryptos, the more the market will stabilize and grow. Basically, this would mean widespread adoption and money infusions of up to $10 billion might be experienced which, eventually, would lead to a significant boost of the cryptocurrencies market.
All these, however, are founded on simple hypothesis and a market that operates in an almost perfect setting but, above all, it could happen if the big institutional investors would see the importance and the bright future of the cryptocurrencies market as both digital currencies and blockchain technologies.
Jackson Bey was born and raised in Lethbridge Alberta but moved east when he was 22. Apart from running his own consulting firm. Jackson spends his time canoeing the many lakes of Ontario. As a financial journalist Jackson has published stories for CBC Business Online, as well as Buzz Feed and Motherboard. As a contributor to Billionaire 365, Jackson mostly covers markets and trade.