Cryptocurrencies

Novogratz Questions Altcoin Rally After Bitcoin Offspring Surges

  • ‘Not sure what changed,’ Novogratz says on Twitter Wednesday
  • Bitcoin SV, an offshot of original coin, gains 100% this week

Mike Novogratz

Photographer: Joe Buglewicz/Bloomberg
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One of the biggest proponents of cryptocurrencies is sounding the alarm on the monster rally in altcoins.

Bitcoin maven Mike Novogratz took to Twitter to profess skepticismover the swiftness and breadth of a surge that took many by surprise this week.