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Mobius Capital Partners co-founder Mark Mobius says leading crypto Bitcoin (BTC) has not reached its bottom yet after a prolonged downtrend. According to a new Bloomberg report, the investor says digital assets serve as a gauge of investor sentiment and tend to correlate with stocks. “Cryptocurrencies are a measure of investor sentiment. Bitcoin goes down, […]
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Seasoned investor and co-founder of Mobius Capital Partners Mark Mobius is issuing a warning to Bitcoin (BTC) traders that devastating losses still await the leading crypto asset. In a new interview with Financial News London, Mobius warns against “buying the dip,” saying that a meltdown taking the top digital asset by market cap all the […]
The post Investing Legend Mark Mobius Issues Warning to Crypto Investors, Details Dire Price Targets for Bitcoin (BTC) appeared first on The Daily Hodl.
Veteran investor Mark Mobius thinks Bitcoin (BTC) and other crypto assets are not investments. In a new interview with CNBC, the co-founder of frontier markets company Mobius Capital Partners points to stocks as the solution for dealing with currency inflation. “Stocks definitely are the answer because the devaluation of currencies is not going to go […]
The post Veteran Investor Mark Mobius Says Crypto Is ‘Not a Means To Invest’ – Here’s Why appeared first on The Daily Hodl.
Renowned investor and co-founder of Mobius Capital Partners Mark Mobius says that the price of Bitcoin is at risk of breaking “lower” as more regulation causes enthusiasm for crypto to fade. In an interview with Bloomberg, Mobius predicts that an increasing amount of government attention comes down hard on the crypto sector. “I’m afraid it’s […]
The post Veteran Investor Mark Mobius Warns That This Factor Will Determine Bitcoin’s Next Move appeared first on The Daily Hodl.