Ethereum's Institutional Interest May Lead to Supply Shock, Says Galaxy Digital CEO
Galaxy Digital CEO Michael Novogratz stated in an interview with CNBC that the growing institutional interest in Ethereum could lead to a supply shock, potentially allowing Ether to outperform Bitcoin in the next three to six months. Novogratz highlighted the limited supply of ETH as a factor that might contribute to its stronger performance compared to Bitcoin.
Additionally, Novogratz expressed his belief that Bitcoin could reach a price of $150,000.
#ETH# #BTC#
Galaxy Digital CEO Michael Novogratz stated in an interview with CNBC that the growing institutional interest in Ethereum could lead to a supply shock, potentially allowing Ether to outperform Bitcoin in the next three to six months. Novogratz highlighted the limited supply of ETH as a factor that might contribute to its stronger performance compared to Bitcoin.
Additionally, Novogratz expressed his belief that Bitcoin could reach a price of $150,000.
#ETH# #BTC#