Advertisement
In a recent tweet, Mike Novogratz of Galaxy Digital says that he remains bullish on Bitcoin.
The former hedge fund manager claims that he bought more coins at $56,500.
During his recent appearance on CNBC’s “Squawk Box,” Novogratz mentioned that a lot of people would want to stack sats with their incoming stimulus checks.
U.Today Crypto Digest: XRP Millionaires Awaken, Shiba Inu Buyers Step In, Dogecoin Sees 10,782% Rise in Futures Volume
Scaramucci: ‘Get Ready’ as Bitcoin Firms Against Falling Gold
XRP Faces Brutal 11,348% Liquidation Imbalance: What Just Happened?
Morning Crypto Report: XRP to $126? Abnormal TV Glitch Reveals Ultimate XRP Price Target, Bitcoin to $25,000: Legendary Trader Brandt Reveals Brutal Timeline, Shiba Inu Unlock Hits 41,128,246,331 SHIB on Major Exchange
Mizuho Securities recently estimated that up to $40 billion of the relief money could be spent on Bitcoin and equities.
As reported by U.Today, hundreds of millions of dollars worth of short positions got liquidated on March 14 when Bitcoin rallied to a new all-time high of $61,781.Advertisement

Following its sharp move higher, Bitcoin went on to erase its gains, plunging 13 percent over the course of three days.
The flagship cryptocurrency is still up 93 percent in 2021.

Dan Burgin
Alex Dovbnya
Denys Serhiichuk
Caroline Amosun