Trump Administration Has Been ‘Amazing’ For Crypto Industry, Bitcoin Ready To Go To $130,000, Galaxy CEO Says

Posted On May 16, 2025

Galaxy Digital (NASDAQ:GLXY) CEO Mike Novogratz praised the Trump administration’s approach to crypto policy, contrasting it sharply with the Biden era, which he described as “misery, misery.”

What Happened: Speaking with CNBC on Friday, Novogratz said the current administration has been highly favorable to the cryptocurrency industry.

“The four years under Biden were really un-American when it came to crypto. It was just misery, misery,” Novogratz said.

In contrast, he noted that “this administration has been amazing for the space in general,” emphasizing that …