Galaxy Digital CEO: The next Federal Reserve Chair may become the biggest catalyst for the Bitcoin bull run.

Recently, Galaxy Digital CEO Mike Novogratz put forth a significant viewpoint, suggesting that the biggest catalyst for the next bull run in Bit may not come from within the cryptocurrency industry, but rather from changes in the leadership of the Federal Reserve.

In an interview on September 27th with renowned host Kyle Chasse on YouTube, this Wall Street legend pointed out that if the next Federal Reserve chairman is an exceptionally dovish candidate, it could trigger a significant surge in the price of Bitcoin to $200,000.

Novogratz referred to this potential personnel change as "possibly the biggest bull run catalyst for Bitcoin and other cryptocurrencies." This judgment is based on the dovish Federal Reserve chairman potentially implementing loose monetary policies, including maintaining a persistently low interest rate environment or accelerating the pace of rate cuts, which would significantly enhance the appeal of non-yielding assets like Bitcoin.

This viewpoint resonates with traditional financial market analysis. Historical data shows that during periods of loose monetary policy, Bit usually performs strongly. If the new Federal Reserve chair indeed leans towards a dovish stance, it could inject a substantial amount of liquidity into the market, recreating the market trends seen during the 2020-2021 period.

It is worth noting that the current Federal Reserve Chairman Powell's term will end in May next year, and discussions about his successor have significantly heated up on Wall Street. Novogratz's statement also shifts the cryptocurrency market's attention toward a key variable that may decide the future direction of monetary policy.

In summary, Novogratz believes that if the new Federal Reserve chairman adopts a dovish stance and implements a loose monetary policy, it will directly drive up Bit prices, a view that is also corroborated by traditional financial market principles. For investors, incorporating Federal Reserve personnel changes and policy signals into their observation framework has become a necessary prerequisite for seizing market opportunities.

#美联储政策 Bitcoin bull run