Deep Tide TechFlow News, on December 18, Galaxy Digital founder and CEO Mike Novogratz believes that Bitcoin could catch up with and eventually surpass the market value of gold in five to eight years.

Novogratz made this prediction in response to a piece by Galaxy Research Director Alex Thorn, which emphasized that Bitcoin's market value has reached 14% of gold's $17.8 trillion, a record high. Thorn's analysis was accompanied by a chart showing the increasing share of Bitcoin in the market value of gold, highlighting the accelerated growth of Bitcoin.