Mike Novogratz, the chief executive officer of Galaxy Digital, believes that Bitcoin can reach $22 trillion in market capitalization in the next two decades, and may even surpass gold’s market cap in the long run.
He credits the great wealth transfer for this massive shift. As per Knight Frank’s 2024 Wealth Report, millennials are set to inherit a massive $90 trillion in the next 20 years – the largest wealth transfer in mankind’s history.
However, unlike boomers who invested in conventional, risk-free assets such as real estate and gold, millennials are more adventurous when it comes to investment.
As a result of the current generation’s heightened risk-taking ability, we might experience a lot of inherited wealth flowing into crypto and digital assets, including, of course, Bitcoin.
Read on as we uncover more about Bitcoin’s price trajectory. We’ll also suggest a bitcoin trigger largest wealth transfer history token
