Time
05:31
Galaxy Digital CEO: If Bitcoin reaches $1 million next year, it will indicate that the US economy is in serious trouble
August 17, 2025
CoinFeed News
Galaxy Digital CEO Mike Novogratz stated on the Coin Stories podcast that Bitcoin breaking $1 million next year wouldn't be a victory, but rather a sign that the US economy is in serious trouble. Novogratz prioritized stability over a surge in Bitcoin prices. "I'd rather have a more stable America with a lower Bitcoin price than the opposite," he explained, explaining that severe currency devaluations often come at the expense of civil society.