Bitcoin Could Drop to $10,000, Mobius Says Crypto Assets Are ‘Too Dangerous’ – Bloomberg

Crypto assets still have room to fall, says veteran fund manager Mark Mobius.

Mobius, co-founder of Mobius Capital Partners, said in an interview in Singapore yesterday that he sees Bitcoin’s next milestone as $10,000. He said he would not invest his own money or that of his clients, saying digital assets were “too risky”.

“But there are still some investors who believe in cryptocurrencies and they will continue to exist.” he said.

On the 28th, while the global market cooled down, Bitcoin temporarily fell by 3.2%, approaching $16,000.

Source: Bloomberg

Original title:Mobius Sees Bitcoin Down at $10,000 in ‘Dangerous’ Crypto Market

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