Novogratz’s Bold Prediction: Bitcoin Could Skyrocket 10x to $1 Million, Challenging Gold’s Dominance
Galaxy Digital CEO Mike Novogratz just dropped a bombshell—Bitcoin could 10x to $1 million per coin, putting gold''s $12 trillion market cap in the crosshairs.
Why it matters: The crypto king isn’t just flirting with all-time highs anymore. It’s gunning for the ultimate store of value crown.
The gold vs. BTC smackdown: Novogratz’s math is simple. For Bitcoin to match gold’s market value, each coin needs to hit seven figures. Wall Street’s still snickering—but then again, they said the same thing at $10,000.
Reality check: This would require institutional FOMO on steroids. BlackRock’s ETF was just the appetizer. Now we wait to see if pension funds take the bait—or if this becomes another ‘number go up’ meme for crypto Twitter.
The kicker: Either way, gold bugs better pray central banks don’t start stacking SATs instead of bars. Nothing rattles traditional finance like a digital upstart cutting their lunch.