Galaxy Digital CEO Mike Novogratz believes that Bitcoin's price hitting $100,000 is just the beginning. He stated that surpassing this milestone is almost inevitable due to factors such as increased demand from the Middle East and the pro-crypto stance of President-elect Donald Trump. However, Novogratz also cautioned that the current market leverage is extremely high, signaling a potential correction. Despite this, he remains optimistic about Bitcoin's floor and advises investors to buy Bitcoin directly rather than relying on crypto-linked equities.
- Content Editor ( cryptoslate.com + 3 more )
- 2024-11-22
Galaxy Digital CEO Mike Novogratz says Bitcoin reaching $100,000 is 'just the start'