• Billionaire investor Mike Novogratz says the record-breaking rally in crypto shows a lack of faith in the Fed - and cites central-bank uncertainty as a reason for bitcoin's latest surge

    20 days ago - By Business Insider

    Galaxy Digital CEO Mike Novogratz.
    REUTERS/Rick Wilking
    Billionaire investor Mike Novogratz said Thursday that bitcoin is serving as a "report card" on the performance of the Fed and other global financial bodies.
    Bitcoin's surge has been fueled by "mass adoption" and people being "scared s--less because of monetary and fiscal policy," he said.
    The Galaxy Digital CEO suggested people buy bitcoin and ethereum.
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    Billionaire investor Mike Novogratz said Thursday the surge in cryptocurrencies is serving as a referendum on the perceived ability of...
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