Bitcoin is crossing a million dollar sign in 2025 scenarios dreamed of many encryption fans, but not everyone sees it as good news. Instead of celebrating, some experts warn that it will reveal deep cracks in the American economy.
The CEO of Galaxy Digital Mike Novoghatz in Podcast recently said that such an increase in prices will not be a victory but a warning sign.
He explained that encryption can only reach this level if the country is facing extreme economic distress.
He said, “It is best for bitcoin to be less in the United States more stable than vice versa,” stressing that the sudden collapse often comes at a heavy social cost.
Bitcoin is seen as hedge
When national currencies weaken, investors often resort to Bitcoin, describing them as “digital gold”. For this reason, Novoghatz believes that the price of BTC rises will be linked to instability.
His comments resonated with statements from Wolf’s encryption analyst in all streets, which last year said that if BTC moves very quickly, this means that the world is likely to be in trouble.
Stories and lessons of a decade in encryption with Mike Novograitz.
We are talking about $ GLXYBitcoin treatment of 80,000, whether Mike has any remorse for investment, Maxis and Altcoin community, Bitcoin road map to $ 1 million and much more.
Timecodes:
00:00 Mike Novgers’s meeting: … pic.twitter.com/4hroi1jue5– Natbrunell August 12, 2025
However, not all predictions are dark. Cathy Wood from ARK Invest believes that Bitcoin can reach $ 1.5 million by 2030. Even its low estimates for hundreds of thousands, with expectations related to the increasing institutional demand and limited Crypto offer.
Reports indicate that the founder of Bitmex Arthur Hayes expects Bitcoin to range between $ 750,000 and $ 1 million by 2026, while strategy CEO Michael Sailor recently said that “winter will no longer”, and he went on to say that if Bitcoin would not reach one million dollars.
Fears about American debt
Novogratz also expressed frustration with how to deal with the government. He said that US President Donald Trump’s choice of Treasury Secretary Scott Payet did not produce the results that many expected. According to him, the debts to GDP still not tackled, and the American deficit is scheduled to rise, not a shrinkage.
This financial view added to the investor concern. Market monitors believe that the rise in debt and deficit may weaken confidence in the dollar, providing the demand for bitcoin.
But novogratz warned against chanting very loudly, indicating that the long -term costs of such a shift may exceed excitement in the short term.
The adoption of the cabinet shines fears
Another point that causes Novoghatz is the increasing number of companies that Bitcoin adopts for their treasury. He revealed that Galaxy Digital is now receiving about five calls per week from companies that want to put BTC on their public budgets. For him, this increase looks like crazy than fixed adoption.
For novogratz, the warning is clear: Bitcoin does not mean a million dollars in victory. This means that the American economy is in a fragile and dangerous place.
Distinctive image from BCB Group, Chart from TradingView
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