Galaxy CEO Mike Novogratz Says Bitcoin Is One Trump Move Away From Exploding Past $125,000
Posted On October 22, 2025
Galaxy Digital Inc (NASDAQ:GLXY) CEO Mike Novogratz said the world’s largest cryptocurrency could “take out the topside” and break above $125,000 if President Donald Trump moves on the Federal Reserve and the pending market structure bill becomes law.
Novogratz Sees Trump Policy As Key Catalyst
Speaking during a recent interview shared on X, Novogratz outlined a potential trading range between $100,000 and $125,000 for Bitcoin (CRYPTO: BTC) but suggested a breakout could come swiftly if fiscal or regulatory catalysts align.
“We could take out the top side if the president prematurely makes a move on the Fed,” Novogratz said.
“They could target that easily by the end of the year. And if this bill gets passed, those are the two catalysts I …