Galaxy Digital CEO Mike Novogratz stated that as a result of the inflationary economic policies of the USA, Bitcoin (BTC) and gold will regain.
Mike Novogratz on CNBC’s Squawk Box on September 20. in his statementof central banks monetary relaxation if it reverts to its policies Bitcoin and gold He claimed that in the long run he would start gaining again.
Novogratz, the drop in Bitcoin macroeconomic problems. he said it was sourced. The inflationary environment, which has accelerated due to the economic policies easing with the social benefits of the governments during the CEO pandemic, has affected the digital asset sector. you have enlivened However, the reason why central banks go to such drastic interest rate hikes not expected stated. Rapidly rising interest rates on Bitcoin more than you give Novogratz, pointing out that the are starting to trust themselves. he also said.
Another billionaire a few days before Mike Novogratz at Robert Kiyosaki He stated that the US government expects monetary policies to be loosened, and the economy, whose foundations are shaken, that the dollar could end had claimed. of the couple, economic difficulties by managing well to increase their assets has a common point.