Novogratz: Rate Cuts Could Fuel Bitcoin and Metals Rally, But Risk Destabilizing Society

Billionaire Mike Novogratz predicts Bitcoin and precious metals will surge if the Fed cuts interest rates, despite seeing no good reason for rate cuts.

Novogratz says rate cuts would be a "great setup" for Bitcoin, gold, silver, and copper but bad for the U.S. economy.

He explains rapid crypto wealth accumulation could create revolutions, wars, and breakdowns in civil society.

Novogratz's views are relevant as the financial sector prepares for Benzinga’s Future of Digital Assets conference on November 19.

The conference will address critical issues like the impact of monetary policy on cryptocurrencies and precious metals.