has exhibited a notable steadiness, maintaining its position just above the $60,000 mark after reaching a high of over $73,000 in March.This level of stability is not just a momentary phase, but a part of a broader trend that experts and analysts are closely monitoring.Galaxy Digital itself has been riding high on record quarterly revenue, but it was Novogratz’s predictions about Bitcoin that caught the attention of many in the industry.
Novogratz’s forecast is not just based on current market behavior, but also on historical data and the anticipation of future market events that could influence prices. While these ETFs initially saw massive demand, generating over $13.9 billion in volume in their debut week, interest has waned amidst the broader price corrections across the crypto market.
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