Billionaire Mike Novogratz: Bitcoin and Crypto Bear Market Will Last for “At Least” a Year
The current bear market in crypto could last for up to six more months, according to Mike Novogratz.
– the selloff in crypto was caused by the Federal Reserve hiking interest rates.
– if the Fed pauses its monetary tightening measures, Bitcoin and other cryptos are likely to rally.
– Novogratz believes that sellers in the crypto market are largely exhausted.
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