Galaxy Digital CEO Mike Novogratz has projected that Bitcoin could potentially skyrocket to the $1 million mark. He articulated this bold prediction during his recent appearance on the Schwab Network program. Novogratz, a crypto billionaire, cited the increasing adoption of Bitcoin among younger investors and the forthcoming intergenerational wealth transfer as the primary reasons behind his forecast. He emphasized that Bitcoin’s current market capitalization, estimated at around $2 trillion, still lags significantly behind gold’s value of approximately $20 trillion.

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