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Next Bitcoin bull run to be half story, half utility: Mike Novogratz at Token2049

The next (BTC) bull run will have to be much different from historical cryptocurrency rallies in terms of story and utility, Galaxy Digital CEO Mike Novogratz believes.

Compared to previous bull runs, the next Bitcoin rally will have to be more focused on utility and less on the story, Novogratz predicted at a panel at the Token2049 crypto event on Wednesday.

Mike Novogratz and Bloomberg’s Haslinda Amin at Token2049. Source: Cointelegraph