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Bloomberg Analyst Foresees Crypto & Tech Duo To Dominate Global Markets

5M ago
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Crypto Market Technology Sector

In a bold prediction, Bloomberg Intelligence Analyst Jamie Coutts lauds the crypto and tech market amid a seismic shift in the global equity landscape. Coutts, known for his astute insights, highlights that technology is poised to represent a staggering 25% of the total global equity market by the close of 2025.

In addition, he anticipates that the cryptocurrency market, an integral part of the tech realm, will command a formidable 20% of the tech sector’s market capitalization by the same year. This projection signifies a remarkable fivefold increase within just five years.

Tech Sector Doubles In a Decade

Coutts’ analysis underscores the exceptional growth trajectory of the technology sector, with its market share set to double within a decade. Notably, the dynamic nature of the tech industry, fueled by innovations and digital transformations, positions it as a powerhouse within the broader equity market.

Meanwhile, investors keen on capitalizing on this surge might find that tech stocks present a compelling opportunity for substantial returns. While Coutts acknowledges the impressive growth of technology, he goes a step further by advocating for tech and crypto to be the primary focus in investment portfolios.

According to his recent post on the X platform, he suggests that this emphasis on the tech and crypto sectors should persist for the next 1-2 years, at least until the liquidity cycle undergoes a significant turn.

Also Read: Uniswap (UNI) Price Rally Can Extend Another 50% to $10

Bloomberg Intelligence Analyst Jamie Coutts
Source: Jamie Coutts CMT, X

Crypto’s Ascendance To Dominate The Global Markets

Coutts’ forecast for the cryptocurrency market, nestled within the expansive tech domain, outlines a remarkable ascent. The projection that crypto will constitute one-fifth of the tech sector’s market capitalization by 2025 unveils the increasing influence and acceptance of digital assets.

Meanwhile, the recent prediction of the top Bloomberg Intelligence analyst comes in line with the growing interest in virtual assets in recent days on a global scale. In addition, a flurry of factors like the upcoming Bitcoin halving, and Bitcoin Spot ETF approval, among others, might also contribute to the increasing popularity of the sectors.

Notably, as traditional and digital finance converge, investors may find that allocating a significant portion of their portfolios to tech and crypto could prove strategic in navigating the evolving investment landscape. Meanwhile, Coutts’ insights serve as a compelling guide for those seeking to harness the potential of these dynamic markets in the coming years.

Also Read: Here’s Why Bitcoin Price Is Dropping Today

The post Bloomberg Analyst Foresees Crypto & Tech Duo To Dominate Global Markets appeared first on CoinGape.

5M ago
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