The former Hedge Fund Manager said that the crypto market is still in good shape. : Mike Novogratz, Founder and CEO of Galaxy Digital, believes that $2,800 is the most important price level for Ethereum, the world’s second-largest cryptocurrency. In a recent interview with CNBC, the former Hedge Fund Manager mentioned that if Bitcoin stays above $40,000 and Ethereum holds the price level of $2,800, then the crypto market will see a jump in demand from retail and institutional investors. “We held $40,000 overnight in Bitcoin and $2,800 in Ethereum. Those are very important levels for people to watch.