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Guggenheim CIO Says Institutional Demand Not There to Sustain Bitcoin Above $30K

Scott Minerd said he doesn't believe bitcoin's investor base is "big enough" or "deep enough" to keep the price at current levels.

Updated Sep 14, 2021, 11:02 a.m. Published Jan 28, 2021, 9:25 a.m.
Scott Minerd, chief investment officer of Guggenheim Partners.
Scott Minerd, chief investment officer of Guggenheim Partners.