Well-known cryptocurrency enthusiast Michael Novogratz was surprised to find that over the past week, stock market and Bitcoin rates have fallen simultaneously.

According to well-known cryptocurrency enthusiast and founder of Galaxy Digital Michael Novogratz, in 2020 the first cryptocurrency will reach at least $ 12,000.

Delphi Digital analysts said that in 2019, Bitcoin is the most profitable asset - in May of this year, the rate of the first cryptocurrency increased by 60%.

"The acceleration in BTC's performance comes at a time when conventional risk assets, notably global equity markets, continue to see selling pressure […]," analysts emphasized.

Billionaire investor and founder of the cryptocurrency bank of Galaxy Digital Mike Novogratz is confident that the price of Bitcoin is consolidating in the range from $ 7,000 to $ 10,000.

The famous cryptocurrency enthusiast and head of Galaxy Digital, Michael Novogratz, said that Bitcoin is only a means of storing wealth, and the world will change Web 3.0.

Michael Novogratz, a well-known cryptocurrency enthusiast and founder of the Galaxy Digital investment bank, believes that large institutional investors will start investing in the cryptocurrency industry next year.

The well-known Bitcoin-optimist and former hedge fund manager Michael Novogratz, who previously assumed the price movement of Bitcoin to new historical heights until the end of 2018, revised his forecast.