Galaxy Digital CEO says crypto outlook is positive despite macro variables

Galaxy Digital CEO Mike Novogratz stated that he remains optimistic about cryptocurrency despite macroeconomic uncertainty, The Daily Hodl reported. Speaking on a YouTube channel hosted by Anthony Scaramucci, founder of U.S. hedge fund SkyBridge Capital, Novogratz acknowledged that recent tariffs and geopolitical issues have caused Bitcoin's price to fall. However, he believes the overall situation is improving, citing spreading retail participation through ETFs and Wall Street's entry into the market. Novogratz added that while he is still optimistic, he will not adopt a fully convicted stance until BTC breaks through the $100,000 to $104,000 range and holds that level for a few weeks. He said if the asset surpasses that key resistance, he would celebrate enthusiastically.