Bitcoin Bull Novogratz Reacts to 'Massive' BlackRock News

CoinMarketCap12-13

Cover image via U.Today Galaxy CEO Mike Novogratz recently took to the X social media network to highlight the significance of BlackRock's recent Bitcoin allocation recommendation, describing it as ...

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ETF expert Nate Geraci has noted that it was meant for investors who wish to include Bitcoin in a multi-asset portfolio. Hence, it was not a blanket recommendation for all investors. Geraci added that BlackRock was also \"very clear\" about Bitcoin's volatility.\nBitcoin is currently trading at $99,624 after surging to an intraday high of $102,528 earlier today.\nAs reported by U.Today, Novogratz recently predicted that the price of the flagship cryptocurrency could skyrocket all the way to the $500,000 level if the US ends up establishing a strategic Bitcoin reserve.\nThe cryptocurrency mogul also believes that Bitcoin could potentially end up surpassing gold over the next decade. Read original article on U.Today","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491367494"}