Can Bitcoin Hit the $200,000 Mark?

In a recent podcast discussion, Mike Novogratz, who leads Galaxy Digital as CEO, shared an eye-catching prediction about Bitcoin‘s future trajectory. He envisaged the possibility of Bitcoin reaching an impressive $200,000 as the market undergoes unique transformations driven by rising institutional interest and the expansion of finance through tokenization. Illustrating this point, he talked about Galaxy’s recent $9 billion Bitcoin sale, hinting that without it, the Bitcoin price might have been significantly steeper.