Novogratz has high hopes for Bitcoin despite the turbulence

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Mike Novogratz, head of Galaxy Digital, remains firm: Bitcoin still has potential to explore. The crypto tycoon is convinced that BTC has not reached its limits and that current market movements are just normal adjustments before a new bullish surge.

The numbers that speak

Galaxy Digital currently holds 6,894 BTC, representing a strategic position of approximately $600 million. In the spot market, Bitcoin is trading around $92,260, recording a 1.91% increase over the past 24 hours. As for Galaxy Digital’s stock, it slightly declined by 0.45% after trading hours.

The reassuring comparison

For Novogratz, crypto infrastructure increasingly resembles what happened after the internet bubble burst: fundamentals are strengthening, use cases are multiplying, and only solid projects will survive. That’s why he categorically dismisses the hypothesis of a sustained bear market.

The historical ATH of $126,080 shows that the path to new records is not closed, and for Novogratz, it’s only a matter of time before the market catches its breath and charges again.

BTC1,89%
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