Gold and Bitcoin Prediction from Galaxy Digital

Gold and Bitcoin Prediction from Galaxy Digital Gold and Bitcoin prediction came from the giant investment company Galaxy Digital. Galaxy Digital Capital Management, which is at the top of cryptocurrency investment, stated that Bitcoin has the potential to make 60x. Galaxy Digital Capital Management, the cryptocurrency investment giant, stated that it is on the rise, noting that Bitcoin has more growth potential than gold. The company announced that Bitcoin has the potential to make 60x.   "Bitcoin Has The Potential To Make 60x" Despite the fact that gold is a storage tool that investors have seen as a safe haven in times of financial uncertainty throughout history, Galaxy Digital expressed a different opinion in its new report. The company states that the latest investments in Bitcoin by Paul Tudor Jones, known as investment legend, and technology giant MicroStrategy, have increased interest in Bitcoin and highlighted its potential. Galaxy Digital Capital Management reported that with a market cap of over $ 200 billion, Bitcoin still has plenty of room to grow. The report released by the investment giant included the following statements: "The market value of gold is currently over 12 trillion dollars. On the other hand, the value of bitcoin is currently around $ 200 billion. This figure is less than 2% of the gold market. This indicates that if bitcoin rises to gold as an alternative asset of value, there will be more than 60x growth. "   Galaxy Digital: Usage of Bitcoin Increased Thanks to its open source principle and 11 years of negative correlation with major global assets, Bitcoin is known worldwide from a peer-to-peer digital transaction environment, resistant to political censorship, etc. has become a corporate entity. Galaxy Digital Capital Management stated that Bitcoin has been institutionally adopted and its use has increased since the coronavirus epidemic, thanks to the increasing government debt and financial incentives reaching the highest levels. In the report announced by Galaxy Digital, the following statements were used on the subject: “Investment legend paul tudor jones and microstrategy inc, a public business intelligence software firm (nasdaq: mstr). The best investors and large corporations including it adopt this as an inflation protection. "   Alternative to Gold Tech giant MicroStrategy spent 250 million dollars of its capital on Bitcoin in August. The company included an additional $ 175 million in investments at the beginning of September. However, Galaxy Digital said it is difficult to say anything clear about the future of the digital economy. The Galaxy Digital report made the following statements on the subject: “It is difficult to predict what the digital world of the future will look like, and no one can say with certainty which investments or assets will prevail. Bitcoin has a great advantage as the leading global store of value as an alternative to gold. "