Michael Novogratz, CEO of Galaxy Digital, said that the price of Bitcoin should "rise within six months" as investors sell their shares in the Grayscale Bitcoin Trust (GBTC) and move towards trading other exchange-traded funds (ETFs). Novogratz added that the current market anxiety will dissipate, and only about 30% of the outflow of funds from GBTC has gone to newly established ETFs, thus pushing up the valuation of Bitcoin in the next six months.
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Galaxy Digita CEO: Bitcoin price should 'go higher within six months'
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Will this cycle skip Ethereum?
Ryan Sean Adams is going to take the perspective of long-term Ethereum bulls, not the obviously wrong dyed in the wool Ethereum is dead haters.
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