#TrumpBTCTreasury Novogratz is concerned about the growing national debt of the USA. Efforts by the authorities to reduce it are not yielding the expected results, which threatens the stability of the global economy, believes the businessman.
"I don't want to see Bitcoin at $1 million in 2026, as that would signify an economic crisis. I would prefer a lower Bitcoin price in more stable United States than the other way around," said the founder of Galaxy Digital.
In his opinion, the strategy gaining popularity among large companies to accumulate Bitcoins could provoke the formation of a bubble in the market. The excitement will end with only a few firms being able to survive the crisis and maintain investor trust, believes Novogratz.