Where do we go from here? Crypto and the state of the nation.

Written by Haydn Jones, MD and Cyber Lead at Kroll

Considering Bitcoin’s stellar performance, largely driven by the election of DJ Trump, it's worth taking stock of where this asset class, and digital asset technology more generally, now sits against the world more generally. If we look at the market data, the value of all crypto assets currently in circulation stands at $2.5 trillion, of which Bitcoin and Ethereum represent roughly 67%. Of note, Bitcoin stands at just over 60%, with Ethereum at 7% or thereabouts. If we can infer anything from this, its market sentiment towards BTC vs. ETH, BTC is an asset class that can be sensibly incorporated in a balanced portfolio, whereas ETH is more utility oriented and, whilst it has given us stablecoins, it has yet to find broader opportunities within the commercial system of money and contracts. That will encourage the bigger tech providers to incorporate Ethereum into their broader portfolio of tech solutions, such as general ledgers, CRM systems and ERPs, which will in turn drive growth an…