Preferred Cryptocurrency Among Experts: Not XRP or Ethereum ( specified currency named here )
In the dynamic world of cryptocurrencies, key players are making waves in the market. Changpeng Zhao, the founder of Binance, and Brian Armstrong, the CEO of Coinbase, are among the experts who prefer to invest in Bitcoin.
The global cryptocurrency market capitalization stands at an impressive 3.1 trillion dollars as of the last week of March, marking a significant increase compared to the last week of February, which saw an approximate 600 billion dollar rise. Bitcoin, the first and main cryptocurrency in the world by market capitalization, has an estimated value of around 1.5 trillion euros by the end of March 2025.
Bitcoin showed a recovery of around 8% as of the mentioned date, reaching 83,000 dollars per unit. The price of the Link token, created by Ukrainian entrepreneur Sergey Nazarov in 2014 and officially launched in 2017, was around $12.81 as of the last week of March 2025. It is expected that the price of the Link token will rise and stabilize around $13.20.
Some cryptocurrencies, like Chainlink, link their value to real assets, while others rely solely on investor confidence. Each cryptocurrency is differentiated by the technology employed, type of encryption, validation protocols, and expectations about their value in the markets.
Investors in the Southeast Asian market are also making moves. Song Chi-hyung, the founder of financial consortium Dunami, parent company of exchange Upbit, has investments in BTC, SOL, ADA, DOGE, SHIBA Inu, and most recently, he had acquired a significant amount of DOT. Song Chi-hyung is the most well-known figure in the crypto market in Southeast Asia with a net worth over $3.8 billion.
Notable figures in the crypto world include Michael Saylor, CEO of software company MicroStrategy Inc, who has investments in BTC, ETH, SOL, ADA, and LINK, among other cryptocurrencies, with an estimated net worth of $1.6 billion. Tyler and Cameron Winklevoss, creators of crypto exchange Gemini, are estimated to have a fortune of $1.1 billion each.
Recent developments in the crypto market include Donald Trump's announcement that the U.S. Cryptocurrency Reserve would include all digital assets confiscated by the government in recent years. Arkham Intelligence reported that virtual wallets linked to the U.S. government hold more than $1.28 million in LINK.
Sergey Nazarov recently participated in the Digital Assets Summit organized by the White House on March 7. Changes in macroeconomic liquidity conditions and greater regulatory clarity could force Bitcoin to surpass 105,000 dollars by the end of May 2025. The number of transactions in cryptocurrencies shows lower activity in each blockchain and its native tokens, indicating a potential period of consolidation.
The price development of Chainlink (LINK) is mainly determined by the balance of supply and demand, investor sentiment, staking activity, adoption in DeFi and smart contract usage, network upgrades, and broader cryptocurrency market trends, as well as macroeconomic factors like regulatory changes and central bank policies.
In conclusion, the cryptocurrency market continues to evolve, with key players like Changpeng Zhao, Brian Armstrong, Song Chi-hyung, Michael Saylor, and Tyler and Cameron Winklevoss leading the way. The market capitalization is on the rise, with Bitcoin showing a recovery and Chainlink stabilizing around $13.20. Regulatory developments and macroeconomic factors will play a significant role in shaping the future of the cryptocurrency market.
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