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cryptonews
2022-07-20 10:46:00

Bitcoin and Hard Assets Will Win as Inflation Rises, Novogratz Says and Sees BTC at USD 500K

Bitcoin and Hard Assets Will Win as Inflation Rises, Novogratz Says and Sees BTC at USD 500K

Bitcoin (BTC) and other hard assets will rise strongly in price as the world continues down a path of prolonged and high inflation, argued Mike Novogratz, founder and CEO of major financial services and investment management firm Galaxy Digital. Speaking at the Bloomberg Crypto Summit on Tuesday, Novogratz stated that he does not believe the world will be done with high levels of inflation any time soon, and warned that we could even see “hyperinflation” going forward....Read More: Bitcoin and Hard Assets Will Win as Inflation Rises, Novogratz Says and Sees BTC at USD 500K

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