The cryptocurrency market was estimated at $541.00M in 2017 and is forecasted to reach $2902.00M by 2023, at a compound annual growth rate (CAGR) of ~32.3 percent between 2017 and 2023. The increasing remittance in developing countries, high cost of remittance across the border, and fluctuating monetary regulations are the main drivers for the increase ot the cryptocurrency market.