Why bitcoin is trading like ‘Mag 8’ and not digital gold in tariff uncertainty, according to Galaxy’s Novogratz

Novogratz’s Galaxy Ventures Fund Tops Fundraising Goal

Billionaire Michael Novogratz’s Galaxy Ventures Fund I LP has surpassed its goal of raising $150 million to build a portfolio of about 30 investments, a person familiar with the matter said.

Why bitcoin is trading like ‘Mag 8’ and not digital gold in tariff uncertainty, according to Galaxy’s Novogratz

Bitcoin hasn't enjoyed the rally gold has since Trump's initial tariffs announcement at the beginning of the month.

While gold is benefiting from the sense of risk aversion of investors seeking refuge in uncertain times, Bitcoin is lagging behind. *** JPMorgan analysts see Bitcoin as a haven against gold. Investor activity is leaning less towards Bitcoin and more toward gold. Gold ETF entries are skyrocketing in the midst of new price peaks. Meanwhile, Bitcoin remains more than 20% below its peak 3 months ago. Recent divergence in Bitcoin graphics and gold su…

Bitcoin, Gold, and the Minsky Moment: Novogratz on the End of Fiscal Complacency

The “Minsky Moment” is here, according to Mike Novogratz, CEO of Galaxy Digital, in a recent interview on CNBC. Novogratz noted that tariffs are playing a key role in reshaping the global security apparatus, while President Trump’s return to the political scene is introducing fresh uncertainty into the markets. Although equities are down roughly 10%... The post Bitcoin, Gold, and the Minsky Moment: Novogratz on the End of Fiscal Complacency appe…

BlackRock ETFs: Gold outperforms bitcoin in Trump's second term

BlackRock ETFs: Gold outperforms bitcoin in Trump’s second term BlackRock is a massive asset manager that manages various different ETFs and trusts, including both gold and digital gold, a.k.a. bitcoin (BTC). Its iShares Gold Trust ($IAU) currently trades for approximately $61 and has net assets of over $36 billion. Meanwhile, its iShares Bitcoin Trust ETF (IBIT) currently trades for approximately $48 and boasts net assets of approximately $48 b…

Is Bitcoin losing ground to gold? – Here’s why this investor says no

Bitcoin continues to underperform gold in 2025. However, Anthony Pompliano views it as a set-up for BTC rebound per historical trends.