In a new Bloomberg interview, Galaxy Digital founder and CEO Mike Novogratz claimed that BTC could hit his massive price target. He believes that BTC will hit $500,000 by 2025. At the time of writing, Bitcoin is trading at $17,04, a move toward Novogratz’s target suggests an upside potential of 2,834%. He also believes that crypto assets will rally ones the market recovers from the harm caused by the collapse of major firms.