Billionaire Mike Novogratz Forecasts Ethereum (ETH) Bottom, Rules Out One Outcome for Bitcoin (BTC)

Billionaire Mike Novogratz Forecasts Ethereum (ETH) Bottom, Rules Out One Outcome for Bitcoin (BTC)


Billionaire Mike Novogratz is predicting Ethereum (ETH) is near the bottom after its successful merge upgrade earlier this month.

In a new CNBC interview, the CEO of Galaxy Digital praises the Ethereum merge and makes a bottom price prediction, while also ruling out a “catastrophic fall” in the price of Bitcoin (BTC).

“Ethereum has had a pretty big move down. We had the merge. The merge was an amazing accomplishment in lots of ways, right? It shows that a decentralized community can accomplish something that’s really complicated. And so I think we’ll look back on that as something really significant. You know, 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

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