Galaxy CEO predicts that Bitcoin's market value will surpass gold within 5 to 8 years

ChainCatcher news, Galaxy Digital founder and CEO Mike Novogratz predicts that Bitcoin could surpass gold's market value in 5 to 8 years. He stated that Bitcoin's market momentum and growth rate are accelerating, reaching 14% of gold's market value. This prediction aligns with Bitcoin hitting a new high of $108,000 on December 17, with a current market value of $2.13 trillion, exceeding two-thirds of the global central bank gold reserves.

Additionally, the total assets of Bitcoin ETFs have recently surpassed those of gold ETFs, indicating that investor recognition of Bitcoin as "digital gold" is on the rise.