Galaxy Digital CEO Michael Novogratz stated that Bitcoin will continue to be a pivotal factor in the cryptocurrency industry's revenue for the next 3-4 years. Despite efforts by companies to diversify, Bitcoin's price remains a significant driver. Novogratz noted that while some altcoins may gain traction, most firms are still heavily influenced by Bitcoin's price fluctuations. Galaxy Digital is exploring data centers as a strategy to mitigate reliance on crypto price volatility.
Novogratz: Bitcoin to Remain Central to Crypto Industry for 3-4 Years
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