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Mike Novogratz predicts 70% chance CLARITY Act passes, Bitcoin to surge to $100K after breaking $84K

Market News
06 May 2026
Benzinga
Bullish
pluang ai news

Galaxy Digital CEO Mike Novogratz believes there is a 70% chance the CLARITY Act will pass, which he says is crucial for expanding tokenization of assets globally. He highlighted that Bitcoin needs to break the $84,000 level to trigger a surge to $100,000, noting fewer sellers remain in the market. Novogratz also pointed out strong institutional interest in crypto, especially at the Consensus conference, signaling growing confidence. Additionally, he warned investors to avoid software stocks due to AI-driven disruption expected to hit the sector hard.

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