Galaxy CEO Mike Novogratz has expressed concerns over the potential failure of the U.S. crypto market structure bill, citing political disagreements over stablecoin yields as a key obstacle. Novogratz criticized banks for opposing crypto platforms offering user rewards, suggesting that if the bill fails, the blame will lie with banks and supporting senators, leaving American consumers at a disadvantage. Novogratz also commented on the broader economic landscape, noting that gold prices suggest the U.S. dollar is losing its reserve currency status. He highlighted that the ongoing selling of long-term bonds is troubling. Regarding Bitcoin, Novogratz pointed out that its current lackluster performance is due to persistent selling pressure, and emphasized that Bitcoin needs to surpass $100,000 to $103,000 to signal a renewed uptrend.