Bitcoin Bull Mike Novogratz Mostly Upbeat About Crypto In 2023: 'Not Horrible But It's Not Great'

Galaxy Digital CEO Mike Novogratz said that 2023 is shaping up to be an important year for the cryptocurrency industry.  What Happened: According to Novogratz, the current transition period will require the industry to focus on “cutting costs” in order to survive in the wake of the collapse of FTX and several other market meltdowns from the past year.