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Trump’s Second Term Turbocharges Crypto Markets—Galaxy’s Novogratz Calls It ’Rocket Fuel’

Trump’s Second Term Turbocharges Crypto Markets—Galaxy’s Novogratz Calls It ’Rocket Fuel’

Published:
2025-05-17 13:53:58
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Trump Administration is Amazing for Crypto : Galaxy CEO Mike Novogratz

Bitcoin bulls are back—and they’ve got a red-hatted cheerleader in the White House. Galaxy Digital CEO Mike Novogratz declares the Trump administration’s pro-crypto policies are sending digital assets ’to the moon’ while traditional finance scrambles to keep up.

Deregulation Delirium: The SEC’s chokehold on crypto exchanges? Gone. Capital gains tweaks? Slashed. Novogratz credits Trump’s team for treating blockchain like the ’next internet’ rather than a nuisance—though cynics note the former president’s sudden affection for Bitcoin only emerged after an NFT side-hustle.

Wall Street’s FOMO Moment: With institutional adoption hitting overdrive, Novogratz predicts trillion-dollar crypto market caps by 2026. ’Washington finally gets it,’ he says—just as BlackRock quietly files paperwork for a leveraged Ethereum ETF.

|Square

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