Https://cb.run/BSnP Next Bitcoin bull run to be half story, half utility — Mike Novogratz at Token2049The next Bitcoin (BTC) bull run will have to be much different from historical cryptocurrency rallies in terms of story and utility, Galaxy Digital CEO Mike Novogratz believes.
Compared with previous bull runs, the next Bitcoin rally will have to be more focused on utility and less on the story, Novogratz predicted during a panel at the Token2049 crypto event on Sept.
28.
The Bitcoin bull run of 2017, one of the biggest historical rallies, was mostly about the story, the CEO said, referring to the cryptocurrency’s run from about $1,000 to $20,000 within one year.
According to Novogratz, the...