Crypto Money Is Still In Its Early Days • Coinexc

Bill Stromberg, CEO of T. Rowe Price Group, which manages $ 1.5 trillion, thinks cryptocurrencies are still in their early days.

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Considering that the total market value of cryptocurrencies has recently exceeded $ 2 trillion, there will be people who argue that this idea is not true. However, Stromberg said that cryptocurrencies are still in their infancy.

“It’s really early and therefore I expect the cryptocurrencies to move at a good pace. It will take years for it to really emerge. “

Baltimore-based T. Rowe Price Group had assets worth $ 1.46 trillion that it managed as of January 31.

Stock Rally

Stromberg also cited rising stocks, saying this is expected after a brutal bear market. He adds that companies benefit from this.

“At least I can say that we are in the middle of this work. Because it has been going on for about a year. Time will tell the rest. “

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