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.
He says he wouldn't be surprised if bitcoin falls to $10,000 before the end of the year.
According to Forbes, his net worth is currently $2.2 billion.
Crypto hedge fund Three Arrows Capital may be facing insolvency.
Cryptocurrency lender Celsius Network also froze withdrawals abruptly this week.
In May, cryptocurrency terra and stablecoin terrausd collapsed; their implosion has led to investigations by various authorities.
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