Billionaire Mike Novogratz says he is much more optimistic about the crypto market now than he was a month ago.
The billionaire predicted earlier this month when BTC was struggling to break the $40,000 level that bitcoin’s price would range between $30,000 and $50,000 throughout the year.
Last week, Treasury Secretary Janet Yellen admitted that crypto has benefits.
“It was very interesting in that presidential decree, there was no Elizabeth Warren’s or Gary Gensler’s voice in that thing, and they’ve been running crypto policy until then.
A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since.
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As Americans continue to deal with rising inflation, on Tuesday the spread between 2-year and 10-year Treasury yields inverted, signaling the U.S.