Mark Mobius sees Bitcoin down at $10,000 in ‘dangerous’ crypto market
In an interview conducted on Monday in Singapore, the co-founder of Mobius Capital Partners LLP stated that $10,000 is his next target price for Bitcoin. It's "too hazardous," he continued, for him to invest either his own money or that of his clients in digital assets.
But there are still some investors who believe in cryptocurrency, according to Mobius, who worked at Franklin Templeton Investments for more than three decades. He continued, "It's astonishing how Bitcoin values have held up" in the wake of the FTX scandal.
Bitcoin was trading at roughly $16,200 as of 7:10 a.m. in London on Monday, down as much as 3.2% on the day due to a negative attitude on the international markets. Ether and the meme currency Dogecoin were two examples of digital assets that were suffering losses. This year, a gauge of the top 100 coins
No comments: