Michael Novogratz

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Mike Novogratz said he expects the price of Bitcoin to hit $65,000 and told Game of Thrones star Maisie Williams to buy the digital token.
Williams conducted a Twitter poll on Monday about whether she should buy Bitcoin. It caught the attention of several prominent names including Novogratz, Elon Musk, and major cryptocurrency investor Barry Silbert.
Bitcoin climbed as much as 4.8% to $18,480 on Wednesday to a fresh three-year high, before tumbling by $1,000 during Asian trading.
Bitcoin’s market capitalization has hit a new all-time high of $337 billion, surpassing a previous record of $328 billion set in December 2017.

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Billionaire investor Mike Novogratz predicted the price of Bitcoin will hit $65,000 while offering advice to Game of Thrones star Maisie Williams on Twitter.

The actor took a poll Monday on whether she should buy the world’s most popular cryptocurrency. Novogratz responded by saying he expects the price to first hit $20,000 before it gets to $65,000 due to a “network effect” in which there are a ton of new buyers and low supply. “So YES, buy it,” he said.

Bitcoin surged as much as 4.8% to $18,480 on Wednesday to a three-year high, …read more


Source:: Businessinsider – Finance

      

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