Novogratz Predicts Ether May Outperform Bitcoin Amid Institutional Buying Frenzy
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Description
Galaxy Digital CEO Michael Novogratz believes Ether is on track to outperform Bitcoin within the next six months, driven by rapid institutional accumulation and a tightening supply. Speaking to CNBC on Thursday, Novogratz said , “There’s not a lot of supply of ETH, and so I think ETH probably has a chance to outperform Bitcoin in the next three to six months.” At the time of his remarks, Ether was trading around $3,618, and Novogratz pointed to the $4,000 mark as a key level for the asset. “We f...
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