Galaxy CEO Mike Novogratz predicts Bitcoin will surpass $100,000 by the end of the year
According to Michael Novogratz, billionaire founder and CEO of Galaxy Digital, for digital assets
A more positive US political environment could see Bitcoin hit $100,000 or higher by the end of the year.
It will help him reach the record.
"If we get to $73,000 in the next few weeks, we'll end the year by $100,000 or more," Novogratz said.
We will finish on a high. "That's a good enough goal," he said.
After reaching an all-time high of $73,798 in March, Bitcoin has failed to return.
However, Novogratz noted that sentiment has become more positive towards crypto over the past few weeks.
told. The U.S. Securities and Exchange Commission has ruled out exchanges investing directly in Ether.
took a step towards approving its funds. Pro-crypto candidates ahead of US elections
Supporting political donations are on the rise, and even presidential candidates are changing their stance on crypto.
competes on.
"I think we're starting to trend upward," Novogratz said. "We're kind of at the finish line. Washington
finally agreeing that crypto legislation, which in principle should be bipartisan, needs to happen
"He did," he said.