Ether will ‘knock on $4,000’ and soon outperform Bitcoin: Novogratz

Key Points

1. Novogratz believes Ether's limited supply and institutional interest may help it outperform Bitcoin in the next 3-6 months.

2. He predicts Ether could reach $4,000, an 8.5% increase from its current price of $3,618.

3. Novogratz highlights recent large ETH purchases by Sharplink Gaming and BitMine Immersion Technologies as evidence of strong institutional demand.

4. BitMEX co-founder Arthur Hayes predicts Ether could hit $10,000 by year-end, while the ETH/BTC ratio shows Ether outperforming Bitcoin by 36.53% over the past 30 days.

5. Novogratz also sees Bitcoin rising, with a potential target of $150,000, but warns that political changes could impact this outlook.