Mike Novogratz Sees Bitcoin at $200,000 Following Powell’s Replacement, as Bitcoin Hyper Soars

Galaxy CEO Mike Novogratz predicts a $200,000 Bitcoin if Jerome Powell’s replacement is ￰1￱ comment came during an interview with Kyle Chasse, where Novogratz declared: Trump told us he wants a dove in the Fed And if he picks a dove enough of a person, there’s gonna be an ‘oh s**t’ ￰2￱ skyrockets, Bitcoin skyrockets. — Mike Novogratz, Kye Chasse interview As Novogratz sees it, Fed’s next chair nominee could serve as the largest crypto catalyst, potentially pushing Bitcoin to a new ATH by the end of the ￰3￱ Hyper’s ($HYPER) $18.5M presale will also contribute to that thanks to its promise of turning the Bitcoin network faster and cheaper. Hyper’s Layer 2 aims to solve Bitcoin’s native performance limitation, which would turn the network more feasible for institutional ￰4￱ Fed Turns Bitcoin Stronger at the Expense of the US Dollar Novogratz warns against a dangerous tipping of balance between crypto and the US dollar stemming from the Fed’s rate ￰5￱ rate cuts are bullish for Bitcoin, they’re bearish for the US dollar, because it scares away investors who seek refuge in high risk, high reward digital ￰6￱ last FOMC meeting, which took place on September 17, had the opposite effect, though, with the US dollar jumping almost 2 basis points over the following week, while Bitcoin lost 5.4% between then and ￰7￱ meeting resulted in a 0.25% rate cut , which didn’t seem to raise the investors’ interest, but the next ones ￰8￱ Fed announced three more cuts coming, two by the end of this year and one more in ￰9￱ closest one is planned for October 28 and it’s an almost guarantee if we go by FedWatch’s market sentiment, which puts the odds of a favorable decision at 87.7% .

And this time we expect Bitcoin to recover its lost territory and make a breakthrough for another ￰10￱ $120K cleared, a push to $130K and beyond is more than feasible. Mid-October is the true test if Michael Saylor’s Strategy decides to buy the dip, which is more than likely given that Bitcoin is currently in consolidation mode, floating around the $109K zone for over two ￰11￱ hints at a dying bear momentum, which Strategy could capitalize on to push its treasury above 640,000 $BTC. With a bullish Bitcoin for October and the crypto market on the verge of a coming alt season, Bitcoin Hyper ($HYPER) appears to be the biggest ￰12￱ Bitcoin Hyper Could Turn Bitcoin Into the Future of the Financial Sector Bitcoin Hyper ($HYPER) is the Layer 2 upgrade that promises to transform Bitcoin into the driving force behind the new global financial ￰13￱ seeks to solve the very problem that’s holding Bitcoin back in 2025: its native performance ￰14￱ Bitcoin network is currently limited to seven transactions per second (TPS), which places Bitcoin on the 23rd position on the list of the fastest blockchains in the ￰15￱ comparison, BNB is second with a TPS of 220, while Solana is second with a real-time TPS of up to 1,000 and a theoretical one of 65,000.

A change is necessary and Hyper brings just that with the help of tools like Solana Virtual Machine (SVM) and the Canonical ￰16￱ SVM allows for the ultra-fast execution of DeFi apps and smart contracts, the Canonical Bridge handles network congestion and addresses transaction finality times ￰17￱ Canonical Bridge works by minting the users’ tokens onto the Hyper layer, allowing investors to use their $BTC in the Hyper ￰18￱ tools allow Hyper to boost Bitcoin’s performance by improving scalability and allowing for near-instant finality thanks to the Bitcoin Relay Program and the zero-knowledge (ZK) ￰19￱ importantly, Hyper eliminates the fee-based priority system, which prioritizes larger and more fee-heavy transactions to the detriment of the smaller and cheaper ￰20￱ system currently increases transaction confirmation times to hours in some cases.

Long-term, Hyper hopes to turn the Bitcoin network into a more feasible choice for institutional investors who process thousands of transactions per ￰21￱ $18.5M presale offers $HYPER at $0.012985 per token, which translates into a potential wealth-building investment ￰22￱ Hyper’s projected long-term utility and investor support during the presale, our price prediction for $HYPER puts the token at $0.32 by the end of the year, following a Q4 ￰23￱ support and successful implementation could lead to mainstream adoption, pushing $HYPER up to $1.50 or higher by ￰24￱ translates to a 11,451% five-year ROI if you invest at today’s ￰25￱ you’d like to support $HYPER or simply diversify your portfolio, read our guide on how to buy $HYPER and go to the presale page ￰26￱ isn’t financial ￰27￱ your own research (DYOR) before ￰28￱ by Bogdan Patru, Bitcoinist: ￰0￱