Billionaire Jeffrey Gundlach Says He Would Not Be Surprised If Bitcoin Falls to $10K

Jeff Gundlach is the CEO of Doubleline Capital, which has over $137 billion in assets under management.

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He says he wouldn't be surprised if bitcoin falls to $10,000 before the end of the year.

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According to Forbes, his net worth is currently $2.2 billion.

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Crypto hedge fund Three Arrows Capital may be facing insolvency.

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Cryptocurrency lender Celsius Network also froze withdrawals abruptly this week.

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In May, cryptocurrency terra and stablecoin terrausd collapsed; their implosion has led to investigations by various authorities.

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