BlackRock Alum Sees Crypto Market Cap Soar to $10 Trillion

A former BlackRock executive is predicting that the total crypto market capitalization could reach $10 trillion this cycle.

John Gillen, a former Vice President at BlackRock and popularly known on X as 'BitcoinJesusETH', made this prediction in an interview on the crypto podcast Milk Road.

Gillen believes that the current cycle could see between $2 trillion to $10 trillion added to the total market capitalization of cryptocurrencies, which would be a massive altcoin season.

However, he emphasized that these predictions depend on a confirmed bull market and a surge above key historical resistance levels. If this happens, Gillen expects the crypto market to move directionally from $3 trillion to $10 trillion.