Novogratz Explains Why Bitcoin Could Be About To Make A ‘Parabolic Move’ To All-Time Highs And Beyond
Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz is anticipating a massive move for Bitcoin (CRYPTO: BTC) in 2024. What To Know: Bitcoin is up approximately 150% since the start of the year largely driven by continued optimism surrounding a potential spot Bitcoin ETF. Tuesday on CNBC’s “Squawk Box,” Novogratz said an ETF approval is likely to come before Jan. 10. He also suggested that the Federal Reserve is playing a big role in the crypto rally. Last week, the Fed opted to keep rates unchanged, and the central bank set the stage for potential interest rate cuts next year. “That p…