Bitcoin market cap will surpass gold - Mike Novorgatz

Galaxy Digital’s founder speaks about Bitcoin’s future.
He believes that institutional investors will eventually come to the industry.

Tanya Abrosimova Independent Analyst

Bitcoin (BTC) stays unchanged at $3,970 as the market cannot decide on where to go next. $4,000 seems to be a tough nut to crack for the bulls after several failed attempts to breakthrough.

Meanwhile, the founder of Galaxy Digital Mike Novogratz expressed a view that Bitcoin capitalization would easily surpass the global gold’s market cap within 20 years. It is worth noting that currently the gold’s market is value at $7.5 trillion against Bitcoin’s capitalization of just $70.9 billion according to CoinMarketCap.

Speaking with Morgan Creek Digital’s founder Anthony Pompliano, Novogratz emphasized, that the institutional adoption is a matter of time. The institutional money will come to the cryptocurrency market. It’s the question of when, not if. He also underlined that such big players as Goldman Sachs and Intercontinental Exchange (ICE) had been already exploring the possibilities of the new industry.

“I know Goldman for instance is gearing up around securities tokens. They’re not doing anything yet, but they’re getting really ready and looking at all the questions on – where would you store them? Do you have to build your own custody, or can you use someone else’s custody? How to get them to work,” he said as cited by Daily Hodl.

He believes that Bitcoin has a huge upside potential and recommends investors to include the first digital currency in their portfolios.

Novogratz forecasts echos the views aired by EOS founder Brendan Blumer. He also believes that Bitcoin will replace gold in 20 years.

Author

Tanya Abrosimova

Independent Analyst

XRP trades under pressure amid weak retail demand

XRP presses down on the 50-day EMA support as risk-averse sentiment spreads despite a positive start to 2026. XRP faces declining retail demand, as reflected in futures Open Interest, which has fallen to $4.15 billion.

Pi Network Price Forecast: PI holds key support as momentum coils

Pi Network (PI) trades close to $0.2100 at press time on Friday, stabilizing after a two-day decline of nearly 2%. The PI token's trading volume steadily declines, while a surge in social dominance suggests a potential spike in retail interest.

Crypto Today: Bitcoin, Ethereum, XRP risk further decline as market fear persists amid slowing demand

Bitcoin holds $90,000 but stays below the 50-day EMA as institutional demand wanes. Ethereum steadies above $3,000 but remains structurally weak due to ETF outflows. XRP ETFs resume inflows, but the price struggles to gain ground above key support.

Bitcoin Weekly Forecast: Early-2026 rally falters as BTC investors await key catalyst

Bitcoin is trading lower toward $90,000 on Friday after encountering rejection at a key resistance zone. The price pullback in BTC is supported by fading institutional demand, as spot Exchange Traded Funds have recorded net outflows so far this week.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Early-2026 rally falters as BTC investors await key catalyst

Bitcoin (BTC) is trading lower toward $90,000 on Friday after encountering rejection at a key resistance zone. The price pullback in BTC is supported by fading institutional demand, as spot Exchange Traded Funds (ETFs) have recorded net outflows so far this week.