May 3, 2024

Mike Novogratz said that inhibits the growth of bitcoin

Billionaire and founder of the crypto bank Galaxy Digital Mike Novogratz called the difficulty of buying Bitcoin one of theThe main factors holding back the price of cryptocurrencies. He made this statement on CNBC.

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In his opinion, increasing the availability of Bitcoin for purchase will lead to a significant increase in its market value.

The billionaire also commented on a recent attackleading US bank Goldman Sachs in the direction of cryptocurrencies. In his opinion, the company does not see the big picture. Moreover, Bitcoin no longer needs the recognition of traditional financial institutions.

“Is Alan Greenspan [the ex-chairman of the board of the US Federal Reserve] supposed to say:“ I keep bitcoin ”? At what point will people say: “Well, this is a means of saving”- said Novograts.

In early May, the billionaire announced that the Bitcoin rally was just beginning. He urged investors not to miss the opportunity before a new jump in prices.

In mid-April, he called unprecedented government support for the economy a powerful catalyst for bitcoin.