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Nellius Irene

Galaxy Digital CEO Mike Novogratz says Fed rate cuts could lift Bitcoin and quiet critics

Galaxy Digital CEO Mike Novogratz said Bitcoin’s recent slump may not last, arguing that a shift in U.S. monetary policy could revive the cryptocurrency. Speaking on a podcast with Anthony Scaramucci, he said high interest rates and tight liquidity have weighed on prices and retail interest. Novogratz added that rate cuts could bring money back into markets and improve sentiment around Bitcoin.
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