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0.000500625782227685 -0.000705882352941132 -0.000500625782227863 0.00575719649561945 -0.00150187734668341 0.0047559449311639 0.00125156445556939 -0.0102628285356697
Stock impact report

Galaxy Digital Reports $216M Loss as Novogratz Flags Bitcoin $100K Hurdles [Yahoo! Finance]

TeraWulf Inc. (WULF) 
Company Research Source: Yahoo! Finance
signaling that the crypto market's path back to peak levels could be far less straightforward than recent optimism suggests. Speaking on a conference call, Novogratz pointed to a combination of macro pressures that may keep Bitcoin from reclaiming the $100,000 level anytime soon, emphasizing that such a move would likely require central bank easing that may not materialize in the near term. With geopolitical tensions tied to the war in Iran and the potential for higher inflation prints moving through the pipeline, Novogratz suggested the Federal Reserve could remain on hold. Bitcoin, which still accounts for roughly 60% of the total crypto market value, was trading around $76,100 on Tuesday, down about 1%, a sharp pullback from its $126,000 peak reached in early October before the broader digital asset decline. Warning! GuruFocus has detected 2 Warning Sign with GLXY. Is GLXY fairly valued? Test your thesis with our free DCF calculator. At the same time, Galaxy's first-quarter r Show less Read more
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