"There is a cycle of depletion of sellers in the market of cryptocurrencies," said General Manager of Galaxy Digital and former hedge fund manager Mike Novogratz

Bitcoin enthusiasts and financial experts are beginning to listen to the opinion of the former manager of the Fortress investment fund and the longtime supporter of the crypto currency, Michael Novogratz, which predicts an even higher price for Bitcoins. 

While the price of Bitcoin beats the record for the record, many prominent figures of the financial world are in a hurry to express their opinion on what is happening. 

Investor and founder of crypto-currency hedge funds Mike Novogratz said that the Ethereum is ready to reach new record highs in the short term. 

Michael Novogratz, former head of the hedge fund of the Fortress Investment Group, who recently became a cryptocurrency investor, noted that he believes that institutional investors are only a few weeks from the mass adoption of Bitcoin and the Ethereum.