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Galaxy Digital CEO Mike Novogratz forecasts Bitcoin could surge to $1 million as institutional adoption accelerates. He compares BTC’s trajectory to gold, highlighting its growing acceptance as a macro asset. Younger generations are increasingly favoring Bitcoin over traditional stores of value.
- Novogratz compares Bitcoin's institutional adoption to gold, calling it a 'macro asset' with snowballing demand.
- BlackRock's involvement signaled a turning point, accelerating BTC adoption by treasury firms and sovereign wealth funds.
- Younger generations are driving Bitcoin's growth as a store of value, potentially displacing gold over time.
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