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Bitcoin could hit $100K if US crypto laws pass, Fed cuts rates, and retail demand returns, says Novogratz.

Market News
19 Jul 2026
UToday
View Source
Bullish
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Galaxy Digital CEO Mike Novogratz predicts Bitcoin will trade between $60,000 and $80,000 for the rest of 2026 but could rally to $100,000 if three conditions are met: clear U.S. crypto legislation, Federal Reserve interest rate cuts, and renewed retail investor interest. He notes that Bitcoin has become a recognized store of value with strong institutional support despite current subdued retail enthusiasm, which has shifted to other sectors like AI and tech. Rising U.S. debt reinforces his belief that Bitcoin remains a necessary portfolio asset. Without these catalysts, Bitcoin is expected to remain range-bound.

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