Mike Novogratz Predicts Crypto Market Shift by Year-End

Galaxy Digital CEO Mike Novogratz predicts a potential upswing in the crypto market by year-end, attributing it to investor rebalancing after a prolonged bull run. His prediction is based on high employee ownership within Galaxy Digital and suggests that a new Federal Reserve chair could drive positive market momentum. Novogratz believes this rebalancing phase will lead to short-term price suppression but ultimately broaden asset ownership in the long term. He predicts a potential shift toward a more optimistic outlook as the year progresses.