Billionaire Mike Novogratz Still Believes Bitcoin Will Reach $500,000 – TheStreet

This hesitation is no doubt due to the tone of the Fed, which weighs on the evolution of so-called risk assets such as tech companies.

“The Fed’s gonna be aggressive here and that is going to be short-term trouble for risky assets like bitcoin.

“It’s that I’m going to take some of my wealth and preserve and store it there,” he said.

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