Galaxy Digital CEO: If Bitcoin reaches $1 million next year, it will indicate that the US economy is in serious trouble

2025/08/17 13:31

According to a PANews report on August 17th, according to Cointelegraph, Galaxy Digital CEO Mike Novogratz stated on the Coin Stories podcast that Bitcoin's price exceeding $1 million next year would not be a victory, but rather a sign that the US economy is in serious trouble. Novogratz stated that he prioritizes stability over a surge in Bitcoin prices. "I would rather have a more stable America with a lower Bitcoin price than the opposite," he explained, explaining that severe currency devaluation often comes at the expense of civil society.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.