Galaxy Digital billionaire and founder Mike Novogratz believes that there is no reason to panic, and Bitcoin will surely win back after a painful fall. The businessman expressed such a forecast in an interview with Bloomberg and once again reiterated that BTC and other digital currencies are the future of the global financial system.
Novogratz is known not only as an ardent supporter of bitcoin. He is also known in the business environment as an opponent of central banks and financial departments.
According to the billionaire, in the future, only two assets will be able to maintain the status of the safest instruments - cryptocurrency and gold.
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BTC is the digital version of gold. If a few years ago large investors were afraid to buy bitcoin, now we see how hedge funds and other financial institutions enter the crypto sphere.
The fall in the market was objective, but no catastrophe happened. The CEO of Galaxy Digital is confident that Bitcoin will not only hold fundamental values but will also resume its offensive soon.
Novogratz said: “I look at bitcoin in particular as digital gold. Bitcoin is the best investment. You see how not only millennials go-to cryptocurrency, but the whole world.”