The Chief Executive of Crypto Investment Company Galaxy says that Ethereum (ETH) is able to surpass Bitcoin (BTC) in the coming months.
In a new interview with CNBC Television, Mike Novogratz out That if the top altcoin would reach the price tag of $ 4,000 again, it would activate a “price -discovery” phase for actively, one that could see the crypto king.
“Ether is a lot entangled. It feels like Eth $ 4,000 is taking it out, it is discovering. And so we feel a bit destined to beat at least a few times on the $ 4,000 ceiling. The story [that] Ether is really powerful in the market was really short.
And now we not just have one, we have two large ETH Treasury companies and another, and they attract capital every day and buy Ether. And so there is not much ETH, and so I think ETH probably has a chance to surpass Bitcoin in the next three to six months. “
Ethereum is traded for $ 3,756 at the time of writing, a win of 4% in the day.
By continuing to the Crypto King, the billionaire says that the best crypto assets from Market Cap seems intended to reach a price tag of $ 150,000.
‘We are in price detection [for] Many of these things. And so $ 150,000 seems like a decent target … We have seen sellers who have arrived, and so it is not a single -direct trade. There have been some sellers who have arrived and have delayed things, but it feels like we are destined to go higher as long as this story continues.
If Trump changes his mind, you know, and says, hey, we have done so much good job, the economy does not need lower rates, that would, you know, that would change my position. But until that happens, I think we are on our way to $ 150,000. “
BTC acts for $ 119,328 at the time of writing, a win of 1% during the last 24 hours.
https://www.youtube.com/watch?v=MGOTJ3KAMU0
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