Billionaire Mike Novogratz Says New ‘Market Events’ To Propel Bitcoin, Ethereum and Solana Higher

Billionaire Mike Novogratz Says New ‘Market Events’ To Propel Bitcoin, Ethereum and Solana Higher


Galaxy Digital CEO Mike Novogratz is predicting that new “market events” will propel Bitcoin (BTC) and other crypto assets to the next leg up.

In Galaxy Digital’s Q1 earnings call, the billionaire says that a break out for Bitcoin, Solana (SOL), Ethereum (ETH) and other digital assets could still be a few months away, following a period of sideways trading.

He says Bitcoin could trade in a range of $55,000 and $75,000 until the upcoming US presidential election in November provides clarity on crypto regulations or the Federal Reserve cuts interest rates, which he believes could send crypto higher.

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“Listen, we had a lot of tailwinds in Q4 and Q1 – the adoption of the [Bitcoin exchange-traded funds] by far the biggest. That was the

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