Mike Novogratz Predicted That Bitcoin Would Grow
The founder and CEO of the investment company Galaxy Digital Mike Novograts said that he still believed in the growth of bitcoin.
But, in his opinion, this will happen not earlier than in a few months.
The activity of large investors around bitcoin is really happening, but the process certainly seems to be delayed. As you know, the launch of the Bakkt has not still happened. There is a platform for trading and storing cryptocurrency – Fidelity Digital Asset Services, which is at the final stage of testing. And Bitcoin-ETF, which has not yet been approved by the US securities and exchange commission.
Nevertheless, Bakkt and Fidelity can be launched in the coming months, which is expected by many analysts to give a positive impetus to the market.
Mike Novogratz also said earlier that with institutional investors, bitcoin has the potential to reach a new historical height.