GettyImages 1306844370 ZtOfW2S.2e16d0ba.fill 1080x1080 1 Is the crypto market headed for more turbulence? Billionaire investor Plans on more ups and downs.

Is the crypto market headed for more turbulence? Billionaire investor Plans on more ups and downs.

– Mike Novogratz, the founder and CEO of cryptocurrency investment firm Galaxy Digital, believes that the digital asset category will experience increased volatility in the next few quarters.

– Despite this, Novogratz is optimistic about the future of digital assets, and has predicted that Bitcoin could reach a price of $500,000 per coin within five years.

– The main reasons cited by Novogratz for the expected short-term volatility and losses in the digital asset market include the six interest rate hikes that the Federal Reserve has announced for this year.

 

 

GettyImages 1306844370 ZtOfW2S.2e16d0ba.fill Is the crypto market headed for more turbulence? Billionaire investor Plans on more ups and downs.
Is the crypto market headed for more turbulence? Billionaire investor Plans on more ups and downs. 3

Leave a Reply

%d bloggers like this: