Krutika Adani
Despite Bitcoin’s price surging beyond $73,500, Mike Novogratz predicts a correction but doesn’t see BTC dropping below $50-55K
According to Novogratz, Bitcoin’s price will likely keep rising with strong inflows into newly launched U.S. Bitcoin spot ETFs
He believes BlackRock’s iShares Bitcoin fund in particular has been the most successful ETF launch in history
He foresees a BTC price correction once ETF inflows turn negative
Novogratz also remains uncertain about the Ethereum ETF approval