Mike Novogratz, a well-known figure in the cryptocurrency world, has predicted that if the US designates Bitcoin as a strategic reserve asset, the price of Bitcoin could reach $500,000. However, Novogratz also believes that this scenario is unlikely to occur and that other countries would need to buy Bitcoin as a reserve asset as well. Novogratz has previously shown support for the Terra ecosystem before it experienced a crash. This prediction should not be considered as investment advice.



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