Galaxy Digital CEO MIKE NOVOGRATZ believes that the market cap and encryption of BTC (Bitcoin) will eventually follow the evaluation of one soaring asset.
In a new CNBC interview, the billionaire said earlier this year, the correction of encryption was due to excessive investor feelings with the launch of speculative assets, including the official Trump (Trump) memo.
But Novogratz pointed out that modifications are needed to make the market cold and the stage of bitcoin and encryption to a new all -time high.
“We have a happy top around the combination of Trump’s inauguration and many things.
The encryption returned and tested where the election escape was. Now we will take $ 106,000, $ 107,000, and $ 108,000 to make $ 130,000, $ 150,000. ”
Novogratz has a surge in market caps over time, with the extended Bitcoin and Crypto, and the current evaluation of GOLD is about $ 22 trillion.
“And at that point you are in the price discovery. I keep thinking that gold is $ 2 trillion assets and encryption is an asset of $ 2 trillion. And at some point, more and more young people will inherit money from the elderly who kiss God’s faces, so you will see the same gold as Crypto.”
Last year, the billionaire said that the Millennium generation, which inherited the largest wealth in history, tended to invest in digital assets more than boomer parents or relatives.
According to a 2024 asset report by Knight Frank, a global real estate consulting firm, the Great Papalian transfer will transfer $ 90 trillion to the millet narration for the next 20 years.
At the time of writing, Bitcoin is trading for $ 103,137.
https://www.youtube.com/watch?v=kxzv_U8v1hc
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Exemptions: The opinions expressed in Daily HODL are not investment advice. Investors must do live action before making high -risk investments in bitcoin, cryptocurrency or digital assets. Transfer and transactions are at their danger, and the loss that can occur is your responsibility. Daily HODL is not recommended to purchase or sell cryptocurrency or digital assets, and Daily HODL is not an investment advisor. Daily HODL participates in affiliate marketing.
Created image: Midjourney