‘Buy Bitcoin’: Mike Novogratz Issues Grim $50 Trillion Prediction

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.

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