Billionaire investor advises buying Bitcoin to hedge against potential financial crisis
From Investing.com
June 5, 2025 2:30:00 PM:
Billionaire investor Mike Novogratz predicts a grim future where global debt will reach $50 trillion. In response, he advises people to “buy Bitcoin” as a hedge against economic uncertainty. Novogratz warns of potential financial crisis due to excessive government spending and monetary policies. Bitcoin’s value has been rising as investors seek alternative assets.
Read more at Investing.com: ‘Buy Bitcoin’: Mike Novogratz Issues Grim $50 Trillion Prediction