CEO of Galaxy Digital and famous crypto enthusiast, Michael Novogratz said on Yahoo Summit that cryptocurrency markets are finally reached the bottom. In addition, the expert noted that bitcoin’s price drops that we experienced this year demonstrates the new stability of the coin.
One week ago, Novogratz published a chart of the Bloomberg Galaxy Crypto Index, which, in his opinion, shows that the market reached the same point as it was in mid-November 2017. After that, the cryptocurrencies began to rise in price, and the cost of bitcoin (Bitcoin) reached $20,000.
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