Crypto Billionaire Novogratz Forecasts Significant Bitcoin Surge by Year-End

Well-known cryptocurrency billionaire Mike Novogratz has announced that he expects the most significant cryptocurrency, Bitcoin (BTC), to rise considerably by the end of the year, bringing substantial gains to its investors. Expecting Bitcoin to Rise after Exiting Consolidation Phase Speaking to Bloomberg recently, Galaxy Digital CEO Novogratz stated that the cryptocurrency king’s consolidation phase, which is currently between approximately 28,000 and 32,000 dollars, is likely a precursor to a significant rise. According to Novogratz, the driving force behind the rise in the Bitcoin price will be an increase in interest and demand for Bitcoin due to the US Federal Reserve’s (Fed) step back from strict monetary policy. The famous cryptocurrency billionaire pointed out that the recent announcement regarding the exchange-traded fund (ETF) by BlackRock, the world’s largest asset management company, to the US Securities and Exchange Commission (SEC) did not significantly impact the price of the largest crypto, indicating that […] The post Crypto Billionaire Novogratz Forecasts Significant Bitcoin Surge by Year-End appeared first on COINTURK NEWS.