Billionaire investor Jeff Gundlach says it’s certainly possible for bitcoin to fall another $10,000. Jeff Gundlach: Bitcoin Is in a Very Bad Place At the time of writing, bitcoin – the world’s number one digital currency by market cap – has dropped to just over $20,000 per unit. The asset is trading for about 70 percent less than where it was just eight months ago (in November, it was at $68,000), and many traders are concerned about the prospects of the digital currency space. The asset is now trading at its lowest point in about 18 months, having lost close
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Author: NixCoin