BRPHF - Bitcoin Set Up For A 'Wonderful Story' Thanks To ETF And More Says Galaxy Digital CEO: 'Old Highs By This Time Next Year' A Possibility | Benzinga
Galaxy Digital Holdings (OTC BRPHF) CEO Mike Novogratz thinks that multiple events are setting Bitcoin (CRYPTO: BTC) up for a "wonderful story," joining others who are bullish on the king of cryptocurrency.
What Happened: Novogratz thinks that the confluence of multiple events like the expectations of spot Bitcoin exchange-traded fund (ETF) approval, the U.S. Federal Reserve's rate action, and the upcoming halving event are the next three major catalysts that could drive up the prices of the cryptocurrency.
"There's a bunch of good things happening for Bitcoin. We are going to get an ETF, there's a lot of anticipation, some of that is built into the price," Novogratz told Bloomberg Television.
While multiple analysts believe the Bitcoin bull run still ...