Bitcoin's $30K Rally Powered By Crypto Community, Not Large Institutions: Galaxy Digital CEO Mike Novogratz

Mike Novogratz, CEO of Galaxy Digital, a crypto focused financial services firm, on Tuesday, weighed in on Bitcoin‘s (CRYPTO: BTC) rise above the $30,000-mark. What Happened: Novogratz said the surge has been largely community-driven rather than influenced by larger institutional investors, in an interview with CNBC.