On September 20, the former executive director of Goldman Sachs and the manager of the Fortress Investment Group Michael Novograts said that the bitcoin market had reached the point where it pushed off the bottom. Michael was not the first to be optimistic about krypto. He made this statement at the All Markets summit.
Mike Novogratz participates in indexing of Crypto-currency
In current realities, the market capitalization of the crypto-currency market exceeds 215 billion US dollars. At the moment at a price of 6 700 dollars for a coin, BTC is the most valuable digital currency.
In the second quarter of 2018, Galaxy Digital Capital Management, in cooperation with Bloomberg, launched the Bloomberg Galaxy Crypto Index (BGCI). Mike Novogratz is the founder of Galaxy Digital Capital Management.
Like most traditional indices, BCGI monitors the performance of the top 10 cryptonyms from different crypto-currency niches.