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Will the US Add Bitcoin to Its Balance Sheet? Novogratz's Bold Prediction!
Mike Novogratz believes that the purchase of the first cryptocurrency by the US government will attract additional investments from the largest state funds:
"I think Bitcoin will be on the government's balance sheet in six months. The first cryptocurrency has paved its way as a store of value . "
The businessman did not rule out a fall in the Bitcoin rate , which, in his opinion, will be short-term and will not have a serious impact on the crypto market as a whole. According to the businessman, thanks to the change in the leadership of the US Securities and Exchange Commission (SEC), the vast majority of cryptocurrency companies will list their shares on the New York Stock Exchange or Nasdaq in May or June.
The new White House administration will continue to support the market, creating the most favorable environment for companies and blockchain startups, the entrepreneur believes.
Earlier, Mike Novogratz shared his predictions about the price that Bitcoin will reach in five to ten years, given the asset’s correlation with gold.
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