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cryptonews 2022-10-05 12:06:00

Billionaire Mike Novogratz Believes Bitcoin Price Will Surge if Fed Makes This Decision

Mike Novogratz forecasts a bullish takeoff for Bitcoin (BTC) once the US Federal Reserve eases down on its aggressive rate hikes aimed at taming inflation. The current cycle has especially been tough for the firstborn crypto, as it suffers from both an unfavourable outlook, and the effects of growing correlation with traditional finance. As a consequence, Novogratz believes the asset will stage a comeback once the abysmal macro climate cools....Read More: Billionaire Mike Novogratz Believes Bitcoin Price Will Surge if Fed Makes This Decision

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