Michael Novogratz, CEO and co-founder of Galaxy Digital, on Wednesday said that the United States is on the brink of entering a recession – and he believes that now is the perfect opportunity to invest in cryptocurrencies. What Happened: “We are going to have a credit crunch in the U.S. and globally,” Novogratz said in an interview on CNBC’s ‘Squawk Box’.

Michael Novogratz, CEO and co-founder of Galaxy Digital, on Wednesday said that the United States is on the brink of entering a recession – and he believes that now is the perfect opportunity to invest in cryptocurrencies. What Happened: “We are going to have a credit crunch in the U.S. and globally,” Novogratz said in an interview on CNBC’s ‘Squawk Box’.