Novogratz Predicts Bitcoin Rally
Date: 2025-09-29 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
In an interview with blogger Kyle Chasse, billionaire and Galaxy Digital CEO Mike Novogratz shared his prediction of a possible sharp rise in Bitcoin. He believes the price of the leading cryptocurrency could exceed $200,000 if the Federal Reserve appoints a person who supports aggressive monetary easing.
Novogratz explained that lowering interest rates, especially when it's not economically justified, could trigger a dramatic increase in demand for gold and cryptocurrencies. However, he warns that such a scenario would have serious consequences for the US economy.
According to the entrepreneur, the market is already pricing in the possibility that President Donald Trump will seek to appoint a rate-cutting Fed chairman. However, the final reaction of financial markets will only become clear after the new head of the US Federal Reserve officially announces his intentions.
The head of Galaxy Digital emphasized that, with borrowing costs falling, investors will seek alternative instruments to protect their capital. With increased liquidity, market participants will shift their attention to riskier assets, including cryptocurrencies and technology stocks. This could trigger a massive outflow of funds from traditional securities to digital assets.
At the same time, Novogratz warned that such optimism in the crypto market could be short-lived. If monetary policy in the US continues to be loosened for too long, inflation risks will increase. As a result, the Federal Reserve may be forced to return to strict measures, which would create significant volatility and uncertainty. He noted that Bitcoin is increasingly perceived not as a speculative asset, but as an indicator of global macroeconomic processes.
Meanwhile, analysts continue to discuss the current market dynamics. Expert Jason Pizzino noted that cryptocurrency market capitalization has declined by approximately $300 billion over the past week. However, he considers this a temporary correction rather than the end of Bitcoin's bullish cycle.
Therefore, the key factor for the future of the cryptocurrency market may be the Fed's policy and the personality of its new chairman. Whether this will lead to long-term growth or another period of instability remains an open question.
