Crypto markets to ‘reach an all-time high’ this year, says Ripple CEO

A photo illustration of the digital Cryptocurrency, Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are seen on September 13 2018 in Hong Kong, Hong Kong.

Yu Chun Christopher Wong | S3studio | Getty Images

Cryptocurrency markets will reach all-time highs this year, the CEO of one of the largest companies in the sector has told CNBC.

“I’m very bullish, and yes, I’ll go on record as saying, I think we’ll see an all-time high,” Ripple CEO Brad Garlinghouse told CNBC when asked about the performance of cryptocurrency this year.

Bitcoin, the world’s largest cryptocurrency, hit an all-time high of around $126,000 in October and was trading at around $89,000 as of Wednesday.

Speaking at the World Economic Forum in Davos, Switzerland…

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