Mobius Refers To Digital Assets As
“It’s Too Dangerous”November 28, 2022
Mark Mobius, founder of Mobius Capital Partners LLP, in an interview said his next target for
Bitcoin is$10,000.
He also referred to digital assets as
“it’s too dangerous ”and detailed that he will not invest his or his client’s money in this.
Mobius further added
“But crypto is here to stay”because there are many other investors who still have faith in it.
He added “It’s amazing how Bitcoin prices have held up” despite the
FTX crash.After the FTX debacle, the concern is that contagion could
bring down more cryptocurrency outfits.Some crypto commentators are aiming
for a return of $10,000.This will send Bitcoin back to 2020 last seen level before the Bitcoin bull market.