Galaxy CEO Mike Novogratz has described 2025 as a challenging year for Bitcoin, with prices unable to sustain levels above $100,000. Looking ahead, he predicts Bitcoin will trade between $80,000 and $100,000 in 2026, contingent on the arrival of new institutional liquidity. Novogratz envisions a future where the integration of AI and crypto becomes mainstream, highlighting the potential for major companies like Apple to tokenize shares on blockchain platforms such as Solana. He emphasized the importance of developing real-world utility for cryptocurrencies, moving beyond mere hype.