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GALAXY DIGITAL CEO MIKE NOVOGRATZ: #CRYPTO MARKET “CLOSING IN ON BOTTOM”
Novogratz said the crypto market is seeing extreme pessimism.
He noted Crypto Twitter is “dead” and leverage has been flushed out, classic signals of a bottom.
#Bitcoin fell from $76K to below $67K due to early investor profit-taking, while Ethereum dropped below $2K for the first time since early 2025, contributing to extreme fear, with the Fear & Greed Index at 5.
leverage flushed out. Not the final bottom? Maybe. Perfect time to start DCA. Dips are gifts.
#MarketCorrection #RiskAssetsMarketShock #EthereumLayer2Rethink?
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