Galaxy CEO: Bitcoin is expected to reach $150,000 this year, but Ether may perform even better.

According to ChainCatcher news and a report by Decrypt, Galaxy CEO Mike Novogratz stated in an interview with CNBC on Thursday that Ether (ETH) may perform better than Bitcoin (BTC) in the next three to six months. Novogratz believes that institutional investor interest could drive the price of Ethereum further up. Ethereum’s current trading price is close to $3730, having reached a peak of $3848 on Monday, which is the highest since 2025, but is still 24% lower than the historical high of $4878 set in 2021. Novogratz stated that the narrative around Ethereum is very strong and its price could soon reach $4000. He also mentioned that many listed companies are following the Bitcoin treasury model of MicroStrategy (now renamed Strategy), but they choose to purchase Ethereum instead of Bitcoin. The NASDAQ-listed company BitMine Immersion has bought a large amount of this cryptocurrency and currently holds Ethereum worth 2 billion dollars. In addition, American investors are also rapidly pouring into Ethereum exchange-traded funds (ETFs), which saw over $726 million in net inflows last week, setting a single-day trading record. Meanwhile, Novogratz has also predicted that Bitcoin could reach $150,000 each this year.