Galaxy Digital CEO Mike Novogratz predicts further growth in the value of bitcoin (BTC). On Bloomberg TV, he said that the price of the cryptocurrency could reach $ 100,000 by the end of this year.
On Tuesday, February 9, the BTC rate exceeded $ 48,000, but the coin could not keep at this level.
The cryptocurrency is currently trading at $ 46,900, but the chances of a breakout remain. If we see how the value of bitcoin reaches new heights, then even more companies and private investors will come to this asset.
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According to the CEO of Galaxy Digital, the $ 100,000 mark is far from the limit of BTC's capabilities.
Ilona Mask Novogratz considers a genius. For the younger generation, an inventor is a great role model. Accordingly, after Tesla invested $ 1.5 billion in bitcoin, we should expect a massive entry into the crypto sphere of the so-called millennials.
Note that the Novogratz crypto company has risen in price by 12% in two days against the background of the BTC rally. Today the capitalization of Galaxy Digital has reached $ 3.8 billion.