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Galaxy CEO predicts Bitcoin market cap will overtake gold in 5 to 8 years – TON BOT

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Galaxy CEO predicts Bitcoin market cap will overtake gold in 5 to 8 years

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Galaxy Digital CEO Mike Novogratz predicts that Bitcoin could surpass gold’s market capitalization within five to eight years. Bitcoin’s market cap has reached 14% of gold’s value, with its growth accelerating. Federal Reserve Chair Jerome Powell acknowledges Bitcoin as a digital version of gold but sees it as a speculative asset, not a sovereign currency. Bitcoin’s rise signals a shift in investor sentiment, with Bitcoin ETFs surpassing gold ETFs in assets under management. Novogratz’s comments reflect growing confidence in Bitcoin’s potential to challenge gold’s status as a store of value.

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