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Sunday, June 22, 2025

As Global Use of Crypto Accelerates, Demand Will Drive Prices Higher - Money Morning

Despite the current crypto winter, most crypto experts - including me, to be sure - expect a rebound in prices followed by new all-time highs much, much higher than November 2021 highs of $69,000.
The increasing pace of global adoption is one of the main reasons folks like me are convinced those highs are possible.
Insider Intelligence estimated around 34 million U.S. adults owned crypto as of April 2022, and that's a big number, but adoption is accelerating all over the world - even places that will surprise you.
In a February report, the Wells Fargo Investment Institute said that crypto adoption was following the path of previous disruptive technologies, such as the internet.
"There is a point where adoption rates begin to rise and do not look back," the Wells Fargo report said. "Precise numbers aside, there is no doubt that global cryptocurrency adoption is rising, and could soon hit a hyper-inflection point."
This matters because adoption is one of the key components driving...



Read Full Story: https://moneymorning.com/2022/07/07/as-global-use-of-crypto-accelerates-deman...

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