Total crypto marketcap 5-7T: 10-12% of US stocks in short term?
US stock marketcap is about 50T USD while crypto market cap only 2.4T USD, about 4%.
In 2017-2018, the US stock marketcap was about 25T USD while crypto marketcap only about 600B USD, about 2%.
Given increasing adoption rate, the proportion could increase to 8% this time of total US stock marketcap. Ceteris paribus, the total crypto marketcap could double easily to about 5T USD, about 8% of US stock marketcap.
If we was to repeat the last bull run, we would be at about 13-20 T USD depending on the time window, yet this would put the crypto proportion, ceteris paribuss, to about 20-40% which sounds too big in a short term.
Likely in most bullish scenario is could be that crypto marketcap is about 10-12% of total US stock market cap in a short term, this would mean 2-3x more capital flowing to cryptomarket.
In 2017-2018, the US stock marketcap was about 25T USD while crypto marketcap only about 600B USD, about 2%.
Given increasing adoption rate, the proportion could increase to 8% this time of total US stock marketcap. Ceteris paribus, the total crypto marketcap could double easily to about 5T USD, about 8% of US stock marketcap.
If we was to repeat the last bull run, we would be at about 13-20 T USD depending on the time window, yet this would put the crypto proportion, ceteris paribuss, to about 20-40% which sounds too big in a short term.
Likely in most bullish scenario is could be that crypto marketcap is about 10-12% of total US stock market cap in a short term, this would mean 2-3x more capital flowing to cryptomarket.