Trump Endorses Bitcoin and Crypto at Gala Dinner, Backed by Galaxy Digital CEO Mike Novogratz

Mike Novogratz, CEO of Galaxy Digital, stated that growing support for Bitcoin from the Trump administration is contributing to a rise in its price. President Donald Trump publicly endorsed Bitcoin and cryptocurrencies during a gala dinner speech, describing the sector as driven by "the smartest minds in the world." Trump highlighted increasing belief in the potential of digital currencies, signaling a positive stance from his administration toward the crypto industry.

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