Novogratz “Market Uncertainty Expanding…Will Be Long-term Positive For BTC”
Galaxy Digital CEO Mike Novogratz recently stated in an interview that the overall market risk aversion sentiment is expanding, and this atmosphere is expected to be favorable for Bitcoin in the long term. In an interview with CNBC, he said, "Since the return of President Donald Trump, uncertainty in the global market has deepened," and added, "In such situations, investors' funds naturally move to safe assets."
Novogratz assessed that Bitcoin is still in the early stages of commercialization, suggesting that there is significant growth potential over the coming years. He highlighted that while the market is shaken by political and economic variables, Bitcoin is gradually establishing itself as a trusted store of value.
He stated, "As long as risk aversion sentiment does not completely disappear, BTC will consistently perform well," emphasizing that Bitcoin, despite short-term volatility, is a promising investment vehicle in the long term.