Bitcoins price, which has been declining since the start of the year, has finally recovered its losses and is currently trading at around $43,400. But Galaxy Digital founder Mike Novogratz is optimistic that BTC has the potential to go even higher. While the Federal Reserve has been aggressive in its monetary tightening, the central bank will likely take a break once the U.S. economy slows down. At this point, Novogratz believes that Bitcoin will resume its march and will go to the moon, according to Kitco News. He expects a 50-basis-point rate hike from the Fed with Jerome Powell...
source: https://tokenpost.com/Bitcoin-could-rise-to-500K-after-Fed-eases-its-monetary-tightening-9575
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