Winklevoss twins predict Bitcoin’s market capitalization could easily skyrocket to over $1 trillion.
Bitcoin has a fixed maximum supply of 21 million coins and only ever has a fraction of that actively available for trading.
BTC price is 8% up in the past 24 hours and is trading at around $24,000.
The transactions costs on the Bitcoin network have gone lowest in the past six months due to the reduction in network congestion as well as with the implementation of the SegWit support.
As altcoins are making a major rally, the overall cryptocurrency market cap climbs above the half-trillion-dollar benchmark.
Given the current growth rate, it’s very possible that the price of the digital currency may achieve $10,000 by the end of the year.
Bitcoin shows a steady growth these days having more than doubled its price since the beginning of the year.
Winklevoss twins predict Bitcoin’s market capitalization could easily skyrocket to over $1 trillion.