According to Mike Novogratz, the CEO and creator of Galaxy Digital, this is the ideal time to purchase Bitcoin, the most well-known crypto. Novogratz projected that Jerome Powell, the head of the Federal Reserve, will lower interest rates which may be a psychological change that favors Bitcoin. Novogratz also believes that bitcoin's price has grown as a result of the present banking crisis in the U.S because it was viewed as a safe-haven asset.