Galaxy Digital CEO Mike Novogratz’s comments come the same week Bitcoin surged to new all-time highs of $124,128.
Galaxy Digital CEO Mike Novogratz says a million-dollar Bitcoin next year wouldn’t be a victory but rather a sign that the US economy is in serious trouble.
“People who cheer for the million-dollar Bitcoin price next year, I was like, Guys, it only gets there if we’re in such a shitty place domestically,” Novogratz told Natalie Brunell on the Coin Stories podcast on Wednesday.
“I’d rather have a lower Bitcoin price in a more stable United States than the opposite,” Novogratz said, explaining that severe currency devaluations often come at the expense of civil society.
