Founder of Galaxy Digital: There is still a lot of institutional demand in the crypto market, and the recent bottom of BTC may be at $38,000

time:01-06 09:30 source:Internet

Golden Finance reported that Mike Novogratz, founder of Galaxy Digital, said in an interview with CNBC that “cryptocurrency has achieved great results in 2021. It is hard to imagine that it will continue to grow. Although there has been a recent correction, we see that the crypto market is still There is a large amount of institutional demand. I am not nervous about the medium-term trend. I know that large institutions are trying to lighten their positions. They will pay attention to some attractive prices to buy. It is expected that BTC will bottom at $38,000 in the near future."

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