Mike Novogratz Says Bitcoin Could Reach $1 Million As BlackRock's Larry Fink Pushes BTC Adoption, Gold Gets Replaced: 'A Ball Rolling Downhill'
7 Articles
7 Articles
Mike Novogratz Says Bitcoin Could Reach $1 Million As BlackRock's Larry Fink Pushes BTC Adoption, Gold Gets Replaced: 'A Ball Rolling Downhill'
In a bold projection, Bitcoin (CRYPTO: BTC) bull and Galaxy Digital CEO Mike Novogratz said Thursday that the apex cryptocurrency could grow tenfold to $1 million, eventually replacing gold as the top store of value asset.
Bitcoin to $1M? Galaxy’s Novogratz says adoption wave could trigger 10x rally
The post Bitcoin to $1M? Galaxy’s Novogratz says adoption wave could trigger 10x rally appeared on BitcoinEthereumNews.com. Mike Novogratz predicts Bitcoin could 10x to $1 million with rising adoption. Despite bearish signals, over 75% of BTC holders remain in profit, suggesting optimism. Despite experiencing a recent dip, Bitcoin [BTC] managed to hold steady above the crucial $100,000 threshold, trading at $104,664.72 with a 2.65% decline in th…
Novogratz Predicts $1M Bitcoin as Institutions Flock In
Bitcoin’s recent price surge has sparked renewed interest and debate among investors and analysts. Galaxy Digital CEO Mike Novogratz has boldly predicted that Bitcoin could reach $1 million per coin if institutional investment continues to pour in. This prediction comes as Bitcoin hit a weekly peak of $110,290, although it has since slipped to $104,300. Despite the volatility, Bitcoin has shown a… Source
Galaxy Digital’s Novogratz Says Bitcoin Would 10x to $1 Million to Rival Gold
Mike Novogratz has joined the $1 million Bitcoin bandwagon, suggesting that institutional adoption would push the asset past gold. The Galaxy Digital founder and CEO made the prediction on CNBC’s Power Lunch on Thursday. He cited institutional adoption and a growing preference for Bitcoin over gold as possible catalysts for this uptrend. This comes as Bitcoin corrects further from the weekly high of $110,300. The premier asset is down 5.5% from …
Bitcoin Could 10X to $1 Million, Says Galaxy Digital CEO Mike Novogratz
In a June 13 interview with CNBC, Novogratz laid out his long-term bullish thesis for Bitcoin, comparing its trajectory to that of gold. Bitcoin as Digital Gold: A Generational Shif “The bull case becomes that over time, young people care about [Bitcoin] more than old people, so gold slowly gets replaced by Bitcoin,” Novogratz explained. He emphasized that Bitcoin’s market capitalization remains far below that of gold, suggesting a long runway f…
Bitcoin Will Replace Gold And Go To $1,000,000, Says Galaxy Digital CEO Mike Novogratz
Today, Galaxy Digital CEO Mike Novogratz told CNBC that Bitcoin is on a path to replace gold and could eventually reach a value of $1,000,000. “Bitcoin has become a macro asset,” said Novogratz. “And some of the great things is most people have it on their screens next to gold and silver and the S&P. And you think back ten years ago when people thought we were crazy. And now it’s an institutionalized macro asset… It’s just becoming institutional…
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