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ethereum
Ethereum (ETH) $ 1,626.78
tether
Tether (USDT) $ 1.00
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matic-network
Polygon (MATIC) $ 1.26
polkadot
Polkadot (DOT) $ 6.63
tron
TRON (TRX) $ 0.064848
bitcoin
Bitcoin (BTC) $ 22,589.05
ethereum
Ethereum (ETH) $ 1,626.78
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 320.91
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.392913
binance-usd
Binance USD (BUSD) $ 0.99973
dogecoin
Dogecoin (DOGE) $ 0.087898
cardano
Cardano (ADA) $ 0.385448
solana
Solana (SOL) $ 22.66
matic-network
Polygon (MATIC) $ 1.26
polkadot
Polkadot (DOT) $ 6.63
tron
TRON (TRX) $ 0.064848
Thursday, February 9, 2023
HomeCryptocurrencyWill Bitcoin Hit $500,000 in 5 Years? Mike Novogratz Backtracks on His...

Will Bitcoin Hit $500,000 in 5 Years? Mike Novogratz Backtracks on His Prediction

Throughout a latest look on Bloomberg TV, Galaxy Digital CEO Mike Novogratz mentioned that it was now not doable for Bitcoin, the biggest cryptocurrency by market capitalization, to hit the $500,000 mark

In March, the cryptocurrency mogul predicted that the flagship cryptocurrency would be capable of attain the aforementioned worth stage inside 5 years. Again then, Novogratz mentioned that he can be improper on the adoption cycle if the uber-bullish prediction had been to fail.  

In July, the Galaxy Digital boss doubled down on the $500,000 forecast even after the implosion of Terra. 

Nevertheless, the cryptocurrency disaster acquired a lot worse following the implosion of the FTX alternate in early November, with the value of Bitcoin collapsing to the bottom stage in two years. The flagship cryptocurrency is at the moment buying and selling barely above the $17,000 stage after a modest restoration. 

As reported by U.At this time, Novogratz slammed former FTX CEO Sam Bankman-Fried as “delusional” in a latest interview with CNBC, including that the disgraced crypto luminary needed to go to jail. 

Novogratz doubled down on criticism throughout his dialog with Bloomberg, accusing Bankman-Fried and his crew of committing fraud. “He must get prosecuted, the authorities must dig in and determine precisely what occurred,” he mentioned. 

BitcoinMasterNews

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