Bitcoin’s Path To $100,000 Will Be Rocky, Galaxy Digital CEO Michael Novogratz Says
Posted On April 29, 2026
Billionaire investor Michael Novogratz said Bitcoin (CRYPTO: BTC) could struggle to reclaim the $100,000 level without a meaningful shift in macroeconomic conditions, particularly monetary policy.
Fed Policy Key To Next Move
Speaking on the broader crypto outlook to Bloomberg on Tuesday, Novogratz said a sustained move higher in Bitcoin would likely require central banks, especially the Federal Reserve, to ease policy.
However, he warned that persistent geopolitical tensions and inflation risks may keep policymakers cautious, limiting near-term upside.
At the time of his comments, Bitcoin was trading near $76,000, well below its prior peak around $126,000.
Meanwhile, Galaxy …
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