Bitcoin consolidating as treasuries shift focus to altcoins, says Novogratz

Bitcoin has been consolidating while corporate investments are directed towards altcoins like Ethereum and Solana. Companies such as Forward Industries have raised substantial funds to implement crypto treasury strategies, boosting the market.

Novogratz believes that Bitcoin’s price could rise in response to positive regulatory changes and investment activity, suggesting that significant changes in the market may emerge later this year.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts