Galaxy Digital CEO expects strong BTC performance in 2026

Galaxy Digital CEO Mike Novogratz has stated that while Bitcoin has shown a sluggish performance this year, he anticipates a positive outcome for the cryptocurrency next year, U.Today reports. He noted that crypto has underperformed expectations in 2025 and that Bitcoin, despite its gold-like narrative, has failed to move in tandem with the precious metal. Novogratz personally believes that BTC has the necessary catalysts for a rally but has simply not yet made its move. He added that the current negative public sentiment surrounding crypto makes him feel optimistic, predicting that 2026 will be a significant year for the asset class. However, he stipulated that Bitcoin would need to break the $100,000 level to generate upward momentum.