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Bitcoin

Novogratz warns that there will be a bitcoin correction, says crypto is 'levered to the gills'

Galaxy Digital CEO Michael Novogratz discussed bitcoin's record highs on "Squawk Box."

By: CNBC
  • Nov 22 2024
  • 46
  • 4443 Views
Novogratz warns that there will be a bitcoin correction, says crypto is 'levered to the gills'
Novogratz warns that there wil
Bitcoin is poised to breakthrough the long-awaited $100,000 level after its postelection rally, but that doesn't mean the leading cryptocurrency will go up in perpetuity, said Galaxy Digital CEO Michael Novogratz. Bitcoin was trading at about $97,000... [1826 chars]

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