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Galaxy CEO says a Fed rate cut could revive Bitcoin and prove critics wrong.

Market News
20 Jun 2026
Coingape
View Source
Bullish
pluang ai news

Galaxy Digital CEO Mike Novogratz addressed the narrative that Bitcoin is dead, suggesting that a future Federal Reserve rate cut could reverse Bitcoin's recent bearish trend. Despite current low retail interest and weak price action, Novogratz believes investors should be patient and watch for changes in U.S. monetary policy, which could improve Bitcoin's outlook by next year. He also noted challenges with Michael Saylor's Bitcoin financing model but remains optimistic about long-term prospects if the Fed shifts from its hawkish stance.

More News

Unibase token plunges over 30%, breaks key support, signaling potential further decline.

Unibase token plunges over 30%, breaks key support, signaling potential further decline.

Unibase (UB) token dropped more than 30% in 24 hours, breaking a crucial $0.09050 support level that had held since May 2026. This breakdown suggests a bearish trend with the possibility of a further 53% decline toward the next support at $0.04030. T...

Technical Signals
Bearish
4 hours ago
Charles Schwab explores S&P 500 prediction markets with Cboe, signaling growing mainstream interest.

Charles Schwab explores S&P 500 prediction markets with Cboe, signaling growing mainstream interest.

Charles Schwab is reportedly exploring the launch of S&P 500-linked event contracts in collaboration with Cboe. These contracts function like prediction markets, allowing investors to speculate on future market events. This move indicates a growing a...

Market News
Neutral
4 hours ago
Invesco QQQ Trust offers broad AI-driven tech exposure with strong 2026 growth and easy single-ticker access.

Invesco QQQ Trust offers broad AI-driven tech exposure with strong 2026 growth and easy single-ticker access.

The Invesco QQQ Trust provides investors a single ticker to access the top 100 largest non-financial Nasdaq companies, heavily weighted in AI and tech leaders like NVIDIA, Microsoft, and Apple. It has delivered strong returns, up over 20% year-to-dat...

Market News
Bullish
4 hours ago
Bitcoin faces rising political risks as US regulatory divides and election uncertainty cloud its market outlook.

Bitcoin faces rising political risks as US regulatory divides and election uncertainty cloud its market outlook.

Bitcoin's price struggles to sustain gains near $60,000 highlight growing political risks amid US regulatory divisions and upcoming elections. While crypto has gained Wall Street interest and regulatory support, partisan divides between Republicans f...

Market News
Neutral
4 hours ago
Senators demand FCC pause Paramount-Warner Bros merger over foreign ownership concerns.

Senators demand FCC pause Paramount-Warner Bros merger over foreign ownership concerns.

Three Democratic senators have called on the FCC to halt the $110 billion Paramount-Warner Bros Discovery merger due to concerns about nearly 50% foreign ownership, including investments from Saudi Arabia and Gulf states. They urge a thorough nationa...

Market News
Bearish
4 hours ago
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