Investment
Features
FeesSafety
Academy
More
Pluang+

Novogratz stays bullish on Bitcoin amid US fiscal deficits and inflation concerns.

Market News
13 Aug 2026
UToday
View Source
Bullish
Novogratz stays bullish on Bitcoin amid US fiscal deficits and inflation concerns.

Mike Novogratz, CEO of Galaxy Digital, remains optimistic about Bitcoin due to the persistent fiscal deficits of the U.S. government. He highlights the massive monthly deficits, such as the $432 billion gap in July 2026, and warns that the U.S. is far from achieving fiscal discipline. Novogratz links rising inflation to the growing national debt and expects that bond markets will eventually force the government to control spending. This fiscal uncertainty keeps him bullish on Bitcoin despite low crypto market energy this year.

More News (BTC)

Bitcoin's price model signals a new bull market with a $300,000 target by 2029.

Bitcoin's price model signals a new bull market with a $300,000 target by 2029.

Fidelity's Director of Global Macro, Jurrien Timmer, highlights Bitcoin's power law math indicating a new cyclical bull market after holding the $60,000 level. This long-term model projects Bitcoin could reach $300,000 by 2029. Crypto strategist Kill...

Market News
Bullish
8 hours ago
Bitcoin and Ethereum post record-breaking Q3 gains, fueled by strong ETF demand and market stability.

Bitcoin and Ethereum post record-breaking Q3 gains, fueled by strong ETF demand and market stability.

In Q3 2026, Bitcoin surged 43.5%, marking its second-best third quarter ever, while Ethereum soared 71%, setting a new Q3 record. These gains were driven by increased ETF and spot market demand, limited profit-taking, and stable trading conditions, e...

Market News
Bullish
9 hours ago
Quantum computing risks Bitcoin security, but fixes and defenses are advancing amid uncertain timelines.

Quantum computing risks Bitcoin security, but fixes and defenses are advancing amid uncertain timelines.

Quantum computers could eventually break Bitcoin's elliptic-curve cryptography, risking wallet theft—a scenario called "Q-Day." While no such quantum computer exists yet, the threat timeline is shrinking, prompting advances in three defense areas: qu...

Protocol Fundamentals
Neutral
10 hours ago
Bitcoin price climbs toward $85K with bullish momentum but faces resistance near September highs.

Bitcoin price climbs toward $85K with bullish momentum but faces resistance near September highs.

Bitcoin's price rose to around $84,899 as buyers pushed back toward the $85,000 level following a recent dip from $87,374. Technical indicators remain positive with 14 moving averages signaling bullish momentum, though trading volume is lighter, sugg...

Technical Signals
Bullish
11 hours ago
Hyperliquid and Venice Token could surpass Bitcoin in market value within 5 years, says Motley Fool analysis.

Hyperliquid and Venice Token could surpass Bitcoin in market value within 5 years, says Motley Fool analysis.

Motley Fool analysis suggests that cryptocurrencies Hyperliquid and Venice Token might surpass Bitcoin in market value within five years if their current growth continues. Hyperliquid is priced at $93 with a market cap around $20.7-$23.3 billion, far...

Market News
Bullish
13 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App