Michael Novogratz, founder of cryptocurrency investment firm Galaxy Digital, believes that bitcoin’s value could be as high as $ 100,000 by the end of this year, he said in an interview that the increase would be due to the fact that most companies use bitcoin to purchase are approving.
In an interview to Tesla’s decision to allow customers to buy their electric cars through bitcoin in the future, crypto investor Novagratz said these decisions would have a major impact on the bitcoin market.
The report quoted him as saying that you will see every American company do the same in the coming times. The young generation will promote the use of cryptocurrency in the future and this is one of the points that connects bitcoin, Tesla, solar stocks and ESG investments.
Due to the volatility of bitcoin, there have been many questions about its reliability, despite its cryptocurrency is doing well in recent times. Bitcoin reached a price of $ 43,000 on Monday after Tesla invested $ 1.5 billion in this digital currency from electric car maker.