Bitcoin and Crypto Market Cap Predicted to Rival Gold’s $22 Trillion
- Mike Novogratz, CEO of Galaxy Digital, predicts Bitcoin and crypto’s market cap will eventually match gold’s $22 trillion valuation.
- The recent correction in crypto markets was attributed to overexuberant investor sentiment and speculative assets like the Trump memecoin.
- Novogratz suggests that Bitcoin prices could soon reach between $130,000 and $150,000.
- The wealth transfer from older generations to millennials is expected to be around $90 trillion over the next 20 years.
- Bitcoin is currently trading at approximately $103,137.
Mike Novogratz anticipates a significant increase in Bitcoin and crypto market cap, potentially reaching gold’s current valuation of about $22 trillion. This prediction comes amid a wealth transfer estimated at $90 trillion over the next two decades.
Source (2.6)https://dailyhodl.com/2025/05/18/22000000000000-market-cap-in-store-for-bitcoin-btc-and-crypto-according-to-billionaire-mike-novogratz/?rand=59076
