Bitcoin’s bounce to record highs in recent days is only the beginning of a fresh surge higher for cryptocurrency, says US billionaire Mike Novogratz.
The CEO of Galaxy Digital, which runs a range of crypto-focused businesses and investments, says Donald Trump’s election as president was “the most important thing” to happen to digital assets in years.
Novogratz will present at this week’s Sohn Hearts & Minds conference in Adelaide, and despite publicly supporting Kamala Harris’s campaign, he has already been a beneficiary of Trump’s victory, with his net worth jumping nearly $1bn in just one day last week. Bloomberg estimated his personal fortune rose to $US4.6bn ($6.9bn).
The…
