Novogratz On Bitcoin SV: Not Buying It

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Mike Novogratz, founder and CEO of the digital asset management firm Galaxy Digital Group, is not falling for the recent hype surrounding Bitcoin SV (BSV).

The Bitcoin perma-bull took to Twitter where he simply expressed that he isn’t buying it — presumably neither figuratively nor literally.

As previously reported by IIB, Bitcoin SV surged over 100% following news that the famed Bitcoin whitepaper and much of Bitcoin’s original code was legally attributed to Craig Wright by the US copyright office.

Wright, who feverishly claims to be Satoshi Nakamoto (the creator of Bitcoin), fueled a contentious hard fork back in November which resulted in the creation of Bitcoin SV. His project has received a lot of hate and is not widely supported among crypto enthusiasts.

However, BSV has been doing very well ever since Wright received registrations that legally bind him as the author of the Bitcoin white paper.

Currently, BSV is trading above $100, which is still a long shot from its all-time high of $221, but still up significantly from just a couple days ago when it was trading around $60.

Image Source: https://coinmarketcap.com/currencies/bitcoin-sv/

Do you think Bitcoin SV will climb back to its previous all-time high of $221? Do you think Wright’s claim to be Satoshi is all just smoke and mirrors to boost BSV’s price? Let us know what you think in the comment section below.

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