Galaxy CEO: The next Fed chair may lay the foundation for the encryption "Supercycle".

robot
Abstract generation in progress

On September 24, Galaxy Digital CEO Mike Novogratz stated in an interview that the next Fed chairman could lay the groundwork for a "Supercycle" in the crypto market. If Trump appoints a candidate who aligns with his monetary policy stance (prioritizing growth and liquidity over inflation control), Crypto Assets are likely to enter an unprecedented growth phase. "We are entering an era where the independence of central banks is in doubt, which I have never seen in my 40-year career on Wall Street. Therefore, it depends on who Trump chooses to be the next Fed chairman, which could trigger the entire Supercycle—where so-called independence is cast aside, and the crypto market will soar significantly. The political situation complicates predictions."

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)