šØ Galaxy Digitalās Biggest Trading Day of 2024 Amid Trumpās Election Win
On November 5, 2024, Galaxy Digital, a major cryptocurrency trading firm, marked its highest trading day of the year, fueled by a surge in crypto interest following Donald Trumpās victory in the U.S. presidential election. CEO Michael Novogratz highlighted that the firmās operations were in full swing, engaging with counterparties both domestically and internationally across trading, lending, and derivatives.
Novogratz stated, āIt really felt like an affirmation of everything weāve been working for.ā This monumental trading day coincided with a notable 15% increase in his net worth, adding around $600 million and pushing his total wealth to $4.6 billion, according to the Bloomberg Billionaires Index.