Ether Is Likely to Hold $1,000, Says Mike Novogratz

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Ether Is Likely to Hold $1,000, Says Mike Novogratz
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.novogratz believes that the cryptocurrency market might be close to bottoming out

The cryptocurrency mogul is convinced that Ethereum, the largest altcoin, will be able to hold the $1,000 level.

As for Bitcoin, Novogratz also believes that the flagship cryptocurrency is close to bottoming after plunging to as low as $20,816 on the Bitstamp exchange earlier today.The total value of the cryptocurrency market is now well below the $1 trillion mark as the result of the most recent price crash.

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