Galaxy Digital CEO Sees No Major Bitcoin Correction Ahead

During a Squawk Box episode on CNBC, Mike Novogratz, the founder and chief executive of Galaxy Digital hedge fund, talked about the cryptocurrency market, concentrating on Bitcoin. In his commentary, Novogratz touched on the present state of Bitcoin after it hit a new all-time high of $73,000, highlighting the possibility of a market correction. Though the prices have reached levels much higher than one could have anticipated, he does not expect a fall below some of the most critical support points.