{"id":864733,"date":"2025-07-25T03:17:32","date_gmt":"2025-07-25T08:17:32","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/25\/mike-novogratz-predicts-ethereum-will-hit-4k-as-institutions-pile-in\/"},"modified":"2025-07-25T03:17:32","modified_gmt":"2025-07-25T08:17:32","slug":"mike-novogratz-predicts-ethereum-will-hit-4k-as-institutions-pile-in","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/25\/mike-novogratz-predicts-ethereum-will-hit-4k-as-institutions-pile-in\/","title":{"rendered":"Mike Novogratz Predicts Ethereum Will Hit $4K as Institutions Pile In"},"content":{"rendered":"
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Ethereum is catching serious attention from institutions, and Galaxy Digital CEO Mike Novogratz believes that could tilt the crypto balance. With large firms like BitMine, Sharplink Gaming<\/a>, and Ether Machine collectively holding over 1.3 million ETH, a potential supply crunch may be in the making.\u00a0<\/p>\n

Novogratz told <\/a>CNBC that this surge in institutional interest could be the \u201csecret sauce\u201d pushing Ether past $4,000 in the coming months.<\/p>\n

Interestingly, raising the bull vibes, firms like BitMine, Sharplink Gaming, and The Ether Machine now hold billions in ETH in their treasuries. ETH is increasingly seen as a strategic reserve and yield-bearing asset, reshaping its narrative from utility token to digital collateral.<\/p>\n

Strong Hands, Limited Supply<\/strong><\/h2>\n

With Ethereum trading around $3,618, Novogratz feels ETH is \u201cdestined\u201d to knock on the $4,000 door<\/a> and possibly break into price discovery if it does. He emphasized that there\u2019s not much ETH supply floating around, making it easier for big purchases to move the price. The consistent accumulation by companies, even those preparing to list publicly like Ether Machine, could trigger a squeeze and send prices flying.<\/p>\n

ETH Gaining Ground on Bitcoin<\/strong><\/h3>\n

Not only is ETH catching up in price, it\u2019s also outperforming Bitcoin on the charts. The ETH\/BTC ratio has jumped over 36% in the past month, signaling stronger momentum. While Novogratz remains bullish on Bitcoin long-term, he thinks Ethereum might lead the race shortly, especially with narratives around ETH utility and staking gaining ground.<\/p>\n

Bitcoin Still Looks Strong<\/strong><\/h3>\n

Despite favoring ETH in the short term, Novogratz isn\u2019t sidelining Bitcoin. He sees $150,000 as a reasonable target for BTC<\/a>, driven by continued bullish sentiment. Bitfinex analysts echoed that with a $136,000 short-term target, though they caution it could mark a temporary peak. However, Novogratz warned that if U.S. interest rate policy shifts unexpectedly, especially under a Trump-led administration, his bullish outlook might need revisiting.<\/p>\n

ETH $4K, Possible?<\/strong><\/h3>\n
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???? With Ethereum hovering north of $3.7K, retail FOMO has been trickling in. Our latest insight, in collaboration with @Bybit_Official<\/a>, takes a look at some of the fundamental and social signals that provide clarity on what's next for crypto's #2 cap. ????https:\/\/t.co\/Uz84Xcc5AK<\/a><\/p>\n

— Santiment (@santimentfeed) July 24, 2025<\/a><\/p><\/blockquote>\n