Galaxy Digital CEO Mike Novogratz believes President Donald Trump's proposal to allow crypto assets in 401(k) retirement plans could act as a catalyst for massive inflows into the market, especially into Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
What Happened: In a CNBC Squawk Box interview on Thursday, Novogratz confirmed that crypto is in a clear bull market, driven by increasing mainstream access. "Enjoy it while it lasts," he said, noting that bull markets are inherently cyclical.
