Macro investor and asset manager Dan Tapiero has projected a significant growth in the crypto market, anticipating it will reach $10 trillion by 2025. This prediction highlights an increase from the current market capitalization of $3.6 trillion. Tapiero believes that Bitcoin could account for approximately $5 trillion, while other cryptocurrencies may contribute $2 to $3 trillion. Additionally, the businesses developing within this sector might add another $2 to $3 trillion.
According to Tapiero, the surge in digital assets will be driven by the pro-crypto policies of the newly elected U.S. administration under President Donald Trump. He describes the U.S. government as highly activist, capitalist, and business-friendly, unlike any other in the world.
A notable influence on markets is expected to be the establishment of the Department of Government Efficiency (DOGE), headed by Elon Musk. Tapiero suggests that this initiative will lead to improvements in productivity, subsequently enhancing corporate profitability. This, he argues, will have a positive impact on the markets, strengthen the dollar, lower interest rates, and improve long-term fiscal sustainability by reducing the budget deficit relative to GDP.