In the next 10 years the market capitalization of cryptocurrencies will increase by 5000% and will reach $20 trillion, and bitcoin will concede leadership to the other coins. So says the CEO of a consultancy company deVere Group, Nigel green.

He noted that while bitcoin has become an associate of the cryptocurrency revolution, its dominance of the market will fall sharply in the next decade.

“This is due to the fact that as the widespread adoption of the cryptocurrency more and more digital assets are launched by organizations from the private and public sectors. This will increase competition for bitcoin” — said Nigel green.

In his opinion, the decision of future or existing altcoins can beat the pros of bitcoin.

Nigel green also noted that there is now a smooth transition from Fiat currency to digital assets. In the coming years this trend will only grow, says the head of the deVere Group.

ForkLog previously reported that according to analysts at deVere Group, price Ethereum can reach $2500 before the end of the year.