Bitcoin Bull Run Ahead: Novogratz Sees Return To All-Time Highs
Portfolio Pulse from Murtuza Merchant
Michael Novogratz, CEO of Galaxy Digital Holdings Ltd. (OTC:BRPHF), is optimistic about Bitcoin (CRYPTO: BTC) reaching its all-time highs within the next year, driven by the potential SEC approval of the first American Bitcoin ETF. Bitcoin's resilience is noted despite past volatility, and the approval could lead to a significant capital influx into the ETF market. Novogratz also sees the upcoming election year as a potential boost for digital assets.
November 30, 2023 | 6:05 pm
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Galaxy Digital Holdings Ltd. could benefit from the increased interest in Bitcoin and potential SEC approval of a Bitcoin ETF, as predicted by CEO Michael Novogratz.
As the CEO of Galaxy Digital Holdings Ltd. expresses confidence in Bitcoin's future and the approval of a Bitcoin ETF, this could lead to increased investor interest in BRPHF, given the company's involvement in the cryptocurrency space. The anticipation of a Bitcoin ETF could also attract more institutional investors to Galaxy Digital.
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