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$1M Bitcoin in 2026 would signal trouble: Galaxy's Mike Novogratz
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COINTELEGRAPH IN YOUR SOCIAL FEED
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Galaxy Digital CEO Mike Novogratz says a million-dollar Bitcoin next year wouldn’t be a victory but rather a sign that the US economy is in serious trouble.
“People who cheer for the million-dollar Bitcoin price next year, I was like, Guys, it only gets there if we’re in such a shitty place domestically,” Novogratz told Natalie Brunell on the Coin Stories podcast on Wednesday.
Novogratz prefers stability over soaring BTC prices
“I’d rather have a lower Bitcoin price in a more stable United States than the opposite,” Novogratz said, explaining that severe currency devaluations often come at the expense of civil society.
When a national currency falls, investors often seek alternative safe havens to protect their wealth, and Bitcoin
BTC
$117,782
is frequently referred to as digital gold.