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Galaxy CEO: US Debt Crisis Drives Demand for Bitcoin

Galaxy Digital CEO Mike Novogratz has proposed several measures to prevent a U.S. debt spiral. The executive explained that the U.S. debt crisis makes it “so easy to convince people to buy bitcoin and other hard assets.”...

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Galaxy CEO: US Debt Crisis Drives Demand for Bitcoin
Galaxy Digital CEO Mike Novogratz has proposed several measures to prevent a U.S. debt spiral. The executive explained that the U.S. debt crisis makes it “so easy to convince people to buy bitcoin and other hard assets.” He emphasized that implementing these measures could give the U.S. a chance to avoid a “debt death spiral.” […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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