The Galaxy Digital CEO who was recently at the Bitcoin 2022 conference held in Miami had spoken in favor of the cryptocurrency once more, highlighting the future potential of the digital asset.
The Federal Reserve had been working non-stop with increasing interest rates and stuff but the billionaire notes that once the Fed begins to take a pause from all of this, then the digital asset would resume its upward movement.
The billionaire expects that not only will the central bank raise interest rates due to the high inflation, but it will also likely raise these interest rates by as high as 50 basis points.
“I go to bed and I pray that the stewards of the U.S.
The Galaxy Digital CEO had previously said that he sees bitcoin going to $500,000.
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