Cryptocurrency News

Mike Novogratz warns that 200x returns from crypto are ‘not normal’

07/22/2022

Less than a minute

2022.07.22 10:30

Mike Novogratz warns that 200x returns from crypto are ‘not normal’

Mike Novogratz, the billionaire founder of crypto asset management firm Galaxy Digital, has warned that making more than 200X returns on crypto investments is simply “not normal.”

Speaking at the Christie’s Art + Tech Summit in New York on Wednesday, Novogratz warned listeners about the steep volatility of the crypto industry.

07/22/2022

Less than a minute

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