Bitcoin Consolidates, Altcoins Take the Spotlight — Novogratz Sees Big Surge Ahead
Galaxy Digital CEO Mike Novogratz says Bitcoin’s current sideways move is only temporary as corporate treasuries load up on altcoins like Ethereum and Solana. The result? Fresh capital and energy flowing into the crypto space, setting up Bitcoin for a major year-end rally.
Key Highlights
Corporations are stacking altcoins:
• BitMine added $200M ETH, now holding over $9B $ETH .
• Forward Industries secured $1.65B for a Solana treasury strategy.
Bitcoin trades between $110K–$116K while altcoins attract momentum.
Novogratz: Fed rate cuts + regulatory modernization could unlock Bitcoin’s next surge.
Nasdaq seeks approval for tokenized stocks & ETFs, signaling deepening on-chain adoption.
“While ecosystems like ETH and $SOL have their moment, Bitcoin’s next leg higher is coming,” Novogratz emphasized.
Fed’s cutting cycle → liquidity boost.
SEC + Nasdaq reforms → regulatory clarity.
$BTC consolidation = accumulation zone before breakout.
Smart investors may see today’s sideways Bitcoin as tomorrow’s launchpad. With money rotating into crypto treasuries and regulatory winds shifting, Bitcoin’s path toward another surge by year-end is building momentum.