
Galaxy Digital CEO says top crypto by market cap Bitcoin (BTC) could dip lower as digital asset firms continue to deleverage. Mike Novogratz says that while he doesn’t foresee BTC dipping to the $13,000 price level, he does believe it will dip further. Bitcoin is changing hands for $20,873 at time of writing, a 4% increase on the day. “My instinct is [that] it’s going to be choppy sideways for a while until either the Fed flinches and we get that macro narrative or just the damage is healed.” Bitcoin is currently trading at $22,000, up 4% on Thursday, according to The Daily Hodl. Opinions expressed at . . .
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