03:57
Galaxy CEO: Long-term holders are beginning to adjust their asset allocations, and diversified holdings are putting short-term pressure on prices.
Galaxy CEO Mike Novogratz pointed out that the cryptocurrency market is currently sluggish, with long-term holders adjusting their asset allocations, which could put downward pressure on prices in the short term. Looking ahead, the dovish stance of the new Federal Reserve Chair may help stimulate a market recovery.

