Mark Mobius Sees Bitcoin Down at $10,000 in ‘Dangerous’ Crypto Market
- Fund manager says he won’t invest his or client cash in crypto
- But he also says that the digital-asset sector is here to stay
Mark Mobius
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
The crypto rout has room to run, according to veteran fund manager Mark Mobius.
The co-founder of Mobius Capital Partners LLP said in an interview Monday in Singapore that his next target for Bitcoin is $10,000. He added he wouldn’t invest his own cash or client money in digital assets as “it’s too dangerous.”