Galaxy Digital CEO Mike Novogratz Calls Crypto Price Bottom
Mike Novogratz, founder and CEO of crypto investment firm Galaxy Digital Capital Management, said that cryptocurrency prices have hit a bottom in a tweet today, September 13.
Later that month, Galaxy Digital published its first quarter report for 2018, which shows $134 million losses with $85.5 million as an unrealized loss on digital assets.
As of March 31, Galaxy Digital had $281.7 million in assets, of which $225.8 million were digital assets and investments.
Meanwhile, the market has rebounded, with total market cap having surged by more than $13 billion today.
At press time Bitcoin (BTC) is trading at around $6,490, up 2.26 percent over the last 24 hours.
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