Galaxy Digital CEO Mike Novogratz has expressed that Ethereum may take the lead in price growth compared to Bitcoin in the next 3-6 months, based on current market conditions and increasing corporate interest.
Growing Interest in Ethereum and Corporate Investments
In a CNBC interview, Novogratz noted that large corporations have begun actively acquiring Ethereum, which is contributing to its rise. "I think Ethereum probably has a lot of chance to outperform Bitcoin in the next three to six months," he said. He emphasized that "the narrative of ETH is really powerful."
Several publicly listed companies, such as SharpLink Gaming, BitMine, and Bit Digital, have started holding ETH in their treasuries, further supporting its growth.
Predictions for Bitcoin
During his appearance, Novogratz also shared views on Bitcoin, stating it could reach the $150,000 mark this year. At that time, the leading cryptocurrency was priced at $115,324, down 4.2% over the past week but up nearly 9% over the last month. Novogratz highlighted that recent factors, such as new highs and price fluctuations, are also influencing the market.
Monetary Policy Impact on the Crypto Market
Novogratz believes that the Federal Reserve's stance on interest rates could influence Bitcoin's trajectory. He pointed to rising capital expenditures, upcoming tariffs, and China's reflation efforts as contributors to current interest in cryptocurrencies. Despite potential shifts in monetary policy, he remains bullish on both BTC and ETH, suggesting that demand for these assets will continue to rise.
Based on the presented forecasts, Ethereum may begin to outperform Bitcoin in the coming months, while both digital assets will benefit from corporate sector interest and the development of ETFs. Monitoring monetary policy will also be a key factor in price movements.
