RATE Group | Bitcoin will reach all-time high by year-end thanks to Libra
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Bitcoin will reach all-time high by year-end thanks to Libra

27 Jul Bitcoin will reach all-time high by year-end thanks to Libra

Posted at 11:22h in Bitcoin News by

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  • Novogratz believes that Facebook’s Libra will help push Bitcoin’s price up.
  • He also observed that there has been a renewed interest in Bitcoin since the Libra announcement.

During an insightful interview with Bloomberg TV, Galaxy Digital CEO, Mike Novogratz, said that Facebook’s Libra will help push Bitcoin’s price up and will bring new users into the crypto space.

“Facebook’s got two billion-plus consumers. Why it’s such an exciting experiment is if it gets turned on, and I think there’s a probability it does and a probability it doesn’t, but assuming it gets turned on you, now have up to two billion consumers that get to actually experiment and use it….So before Facebook launches, we’re going to have a real view at an experiment called Telegram where they also have a userbase. These projects, if it’s Bitcoin or Ethereum, it’s converting new users. It’s not offering new product to existing users. So I think the chances of…

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