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Galaxy CEO says Fed rate cuts could revive Bitcoin and silence critics


Galaxy CEO says Fed rate cuts could revive Bitcoin and silence critics

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Galaxy Digital CEO Mike Novogratz said on a podcast with Anthony Scaramucci that a shift in U.S. monetary policy could revive Bitcoin. Bitcoin has been depressed in recent months with weak prices, low retail interest and rising pessimism, but Novogratz expects macro policy change to drive renewed crypto adoption and market impact.

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Galaxy Digital CEO Mike Novogratz thinks Bitcoin’s recent struggles may not last much longer. Speaking on a podcast with Anthony Scaramucci, Novogratz said a change in U.S. monetary policy could revive the world’s largest cryptocurrency.  Bitcoin has been depressed in recent months, with weak prices, low retail interest, and increasing pessimism about its price, he...
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