On September 24th, Galaxy Digital CEO Mike Novogratz said in an interview that the next Federal Reserve chair could set the stage for a "supercycle" in the crypto market. If Trump appoints someone who is consistent with his monetary policy stance (i.e. prioritizing growth and liquidity over inflation control), cryptocurrencies are likely to usher in an unprecedented period of growth.
"We are entering an era where central bank independence is in doubt, for the first time in my 40-year career on Wall Street. So depending on who Trump chooses to be the next Fed chair, it could detonate a whole supercycle - independence is forgotten and crypto markets will soar. The political situation complicates forecasting."
Galaxy CEO: The next Fed chair could lay the foundation for the crypto "supercycle"
2025-09-24 07:25:12
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