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112d 7h ago

Galaxy Digital’s Mike Novogratz: Trump’s Fed Chair Pick Could Ignite a Bitcoin Supercycle

BTC

BTC/USDT

$96,863.31
+4.86%
24h Volume

$33,022,365,137.37

24h H/L

$97,084.68 / $92,276.98

Change: $4,807.70 (5.21%)

Long/Short
54.3%
Long: 54.3%Short: 45.7%
Funding Rate

+0.0063%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$96,826.23

1.48%

Volume (24h): -

Resistance Levels

Resistance 3$102,863.00
Resistance 2$100,279.58
Resistance 1$97,681.56
Price$96,826.23
Support 1$95,505.12
Support 2$93,631.33
Support 3$91,054.82
Pivot (PP):$96,156.73
Trend:Uptrend
RSI (14):69.8
Galaxy Digital’s Mike Novogratz: Trump’s Fed Chair Pick Could Ignite a Bitcoin Supercycle

Galaxy Digital CEO Mike Novogratz told COINOTAG that the appointment of the next Federal Reserve chair could materially affect the trajectory of the crypto market. He noted that a policymaker prioritizing growth and liquidity over strict inflation control would likely lower the cost of capital and increase risk-on flows, a conditional setup that could catalyze a crypto supercycle if realized. Novogratz emphasized that renewed scrutiny of central bank independence elevates macroeconomic uncertainty, complicating portfolio construction and digital-asset valuation. Market participants should therefore monitor monetary-policy signals, liquidity metrics, and regulatory developments to assess exposure, while treating any prospective market expansion as contingent on clear policy shifts rather than as a foregone conclusion.

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