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Novogratz Predicts Bitcoin Will Reach $100,000 Before the Year Ends

On March 4th, Michael Novogratz, a staunch supporter of digital currencies through his company Galaxy Digital Holdings Ltd., declared that Bitcoin and other virtual coins have evolved into “an institutional asset class,” prompting banks to “frantically” attempt to join in on the trend. He discussed this during an interview with Emily Chang and Sonali Basak on “Bloomberg Technology.”

Credit: YouTube/Bloomberg Technology

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