The three main US markets have been closed.

According to Golden Financial, Galaxy Digital CEO Mike Novogratz said the cryptocurrency has seen significant selling momentum and has been encouraged to buy. He predicted that the decline of Nasdaq and cryptocurrencies would not be as simple as rising interest rates. “Until the market recovers, it will be difficult for cryptocurrencies to recover,” Mike Novogratz said. As previously reported, Mike Novogratz believes Bitcoin could fall as low as $38,000 as real estate investors plan to sell off in 2022. Major markets will see $38,000 as a nice place to buy, he told CNBC .