Galaxy CEO: The next Federal Reserve Chair may lay the foundation for a crypto supercycle

ChainCatcher news, Galaxy Digital CEO Mike Novogratz stated in an interview that the next Federal Reserve chairman could lay the groundwork for a "super cycle" in the crypto market. If Trump appoints someone whose monetary policy stance aligns with his (i.e., prioritizing growth and liquidity over inflation control), cryptocurrencies are likely to experience an unprecedented growth period.

"We are entering an era where the independence of central banks is in doubt, which I have never seen in my 40-year career on Wall Street. Therefore, it depends on who Trump chooses as the next Federal Reserve chairman, which could trigger the entire super cycle—where so-called independence is thrown out the window, and the crypto market will soar significantly. The political situation makes predictions more complex."