Why Bitcoin’s Price Still Controls the Crypto Industry, According to Novogratz

Michael Novogratz, founder and chief executive of Galaxy Digital, says crypto companies remain tightly tied to Bitcoin’s price and are unlikely to fully break that link for another three to four years. Speaking about Galaxy’s business model, Novogratz said that even diversified crypto firms cannot escape market cycles yet, because most of their revenues are … source: https://coinpedia.org/news/why-bitcoins-price-still-controls-the-crypto-industry-according-to-novogratz/