Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say
Cryptocurrencies could go on a bull run greater than last year and pass the trillion-dollar value mark, Jamie Burke, CEO at Outlier Ventures said.
Technological advancements and new investor products could push bitcoin to $50,000 in 2018, Thomas Glucksmann of Gatecoin told CNBC.
Investors may focus on so-called "utility tokens" this year which are digital coins that can power blockchain technologies, according to one expert.