Mike Novogratz attributes the $ 30,000 rise in BTC to institutional adoption

Mike Novogratz attributes the $ 30,000 rise in BTC to institutional adoption

Mike Novogratz, founder and CEO of Galaxy Digital, believes institutional investors are helping to fuel the current bull run.

In an interview with BBC World News today Novogratz said Governments around the world that printed money and “devalued fiat money” fueled the running Bitcoin (BTC) Bull Run, but institutional players into crypto might be the bigger story. Galaxy Digital’s CEO said large corporations have changed their attitudes towards crypto in the past three years, potentially affecting the supply of available coins.

Read on on Coin Telegraph

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