Ethereum To Hit Bottom at This Level - Predicts Mike Novogratz
In a new CNBC interview, the CEO of Galaxy Digital Mike Novogratz praises the Ethereum merge and predicts the bottom For Ethereum.
Ethereum had gone from $1,000 to $2,000. And so now you’ve had a real big pullback. It feels like $1,250 should be the bottom here and so I think you’re closer to the bottom than the top. - Says Novogratz.
Novogratz says the growing interest of institutions is going to keep the price of Bitcoin from falling dramatically.