Galaxy Digital CEO Mike Novogratz believes that Bitcoin (BTC) will enter a new bull market regardless of the outcome of the US presidential election. However, he predicts that if Democratic candidate Kamala Harris wins, there may be a slight delay in the bull market. Novogratz also expresses a bleak outlook on the US fiscal situation, stating that the only way to pay off the country's record-high debt is to debase the dollar, which poses a risk of runaway inflation. Despite this, he believes that Bitcoin will continue to rise in value. The national debt of the United States currently stands at $35.866 trillion.



Other News from Today