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Bitcoin will survive but could crater to $8,000 and won't end up as the dominant crypto, says Guggenheim's Minerd


Bitcoin could sink t0 as low as $8,000, according to Scott Minerd, Guggenheim’s chief investment officer. “When you break below 30,000 [dollars] consistently, 8,000 [dollars] is the ultimate bottom,” Minerd told CNBC on Monday. “I think we have a lot more room to the downside, especially with the …

Read more at markets.businessinsider.com

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