Galaxy CEO Mike Novogratz predicts a $200,000 Bitcoin if Jerome Powell’s replacement is dovish.
The comment came during an interview with Kyle Chasse, where Novogratz declared:
Trump told us he wants a dove in the Fed […] And if he picks a dove enough of a person, there’s gonna be an ‘oh s**t’ moment. Gold skyrockets, Bitcoin skyrockets.
— Mike Novogratz, Kye Chasse interview
As Novogratz sees it, Fed’s next chair nominee could serve as the largest crypto catalyst, potentially pushing Bitcoin to a new ATH by the end of the year.
Bitcoin Hyper’s ($HYPER) $18.5M presale will also contribute to that thanks to its promise of turning the Bitcoin network faster and cheaper. Hyper’s Layer 2 aims to solve Bitcoin’s native performance limitation, which would turn the network more feasible f