According to U.Today, Brad Garlinghouse, CEO of Ripple, said in an interview with CNBC recently that he expects the total market value of the cryptocurrency market to exceed $5 trillion this year. He expressed "very optimistic" about the current state of the industry. Garlinghouse believes that favorable micro-financial conditions, including the emergence of Bitcoin exchange-traded funds (ETFs) and the upcoming Bitcoin halving event, may affect the direction of the cryptocurrency market. In addition, on April 10 and 11, the United States will release the Consumer Price Index (CPI) and the Federal Open Market Committee (FOMC) meeting minutes for March, which may affect the performance of Bitcoin and other digital assets. On the other hand, according to Shibburn data, 98,045,035 SHIB coins were sent to dead-end wallets yesterday, driving the overall daily destruction rate up by 304.98%. However, despite the continued destruction, the total supply of SHIB coins remained basically unchanged at 5,895,340,864,912,420.