Celebrated Cryptocurrency Investor, Mike Novogratz, CEO of Galaxy Digital Capital Management, in a tweet just called a bottom for all Cryptocurrencies.
Novogratz tweet is a snapshot of the Bloomberg Galaxy Crypto Index, which measures the performance of the top cryptocurrencies traded in USD. The index tracks the performance of crypto assets, like Bitcoin, Ethereum, Monero, XRP, Litecoin, and ZCash and was established in may of this year.
The tweet has gained massive traction and there are some who look bullish on his claims and analysis. To back his claims, the markets have bounced back with the total market cap having surged by more than $13 Billion today with the top 20 in the green, according to CoinMarketCap.
Blockmanity’s Take
Mike Novogratz has a lot to stake with this claim but we see other promising signs with Wall Street and traditional banks also entering the crypto world.
Also Read:
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
Web3 is growing fast but it still feels hard for most people to join. The…
For years, the technical interview has been treated almost like a controlled laboratory experiment. A…
Introduction to the Bold A cryptocurrency billionaire has just revealed plans for the first private…
Crypto Owners Under Physical Attack: Rising Threats and Smart Protection TipsMany people picture crypto crime…
The finance world is buzzing with news of fresh leadership at TXSE. This move brings…
In today's fast-changing financial world, credit unions face growing pressure to understand and follow rules…