CEO of Galaxy Digital: Libra will help increase the price of BTC and bring new users into the field of encryption

Galaxy Digital CEO Mike Novogratz said in an interview with Bloomberg TV that Facebook's Libra will help increase the price of Bitcoin and bring new users into the field of encryption. He also observed that since the announcement of Libra, people have renewed interest in Bitcoin. He predicts that Bitcoin will likely fall to a minimum of $8,500 in the short term, but will then rise to a record high of $20,000.