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- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
What’s next for the market? Which rebound tokens are you most bullish on?
Post your insights and trading strategie
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Mike Novogratz: Bitcoin Shines in Macroeconomic Uncertainty! - Coin Newsletter
Mike Novogratz, CEO of Galaxy Digital, noted that Bitcoin has emerged as a safe haven, performing strongly during (BTC) macroeconomic uncertainties.**
In a recent interview with CNBC, Novogratz stated that Bitcoin's (BTC) and gold are among the most preferred valuable assets during periods of increased financial uncertainty. Bitcoin continues to gain value as long as risk appetite is not completely eliminated, especially in global economic fluctuations. Novogratz stated that Bitcoin is shaped by two main narratives: the macro story and the adoption story. First, there is the move towards safe havens such as gold, followed by the (BTC) early** adoption of Bitcoin.
Novogratz emphasized that Bitcoin has recently started trading independently of U.S. exchanges, which is an important step towards Bitcoin becoming a store of value in its own right. He also predicted that this trend will strengthen with the adoption of Bitcoin by more institutional and retail investors in the future**. He pointed out that Bitcoin's appreciation amid macroeconomic uncertainty has become more pronounced as the dollar weakens and interest rates rise.
Novogratz stated that changes in the U.S. economic environment may increase the demand for valuable assets such as Bitcoin and gold, and that these two assets provide important signals on financial management and sustainability. He said that Bitcoin has emerged not only as a store of value but also as a safe haven against global economic uncertainties.