Following a huge surge in cryptocurrency prices this year, crypto is going through a consolidation period, Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz said Wednesday on CNBC’s “Squawk Box.”
Levels To Watch: $40,000 is an important level for Bitcoin (CRYPTO: BTC) to hold, Novogratz said, adding that if it falls below $40,000, $38,000 will be the next level to watch.
For Ethereum (CRYPTO: ETH), the $2,800 level “seems to be an important level to hold.” Novogratz noted the two…
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