Mike Novogratz Says Weakening Dollar, Widening Deficit and America’s Deteriorating Financial Situation ‘Very Good’ for Bitcoin and Crypto

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The chief executive of crypto asset manager Galaxy Digital says America’s current financial situation is bullish for Bitcoin ( BTC ) and crypto. In a new interview with Bloomberg, Novogratz says that many factors have contributed to the rise of digital assets, including President Donald Trump and BlackRock CEO Larry Fink’s embrace of the sector. “It started with Larry Fink. When he got orange-pilled, the largest asset manager in the world said ‘this is a real asset,’ at least Bitcoin, that every...