Bitcoin Price Could Drop to $10,000 in 2023, Investor Mark Mobius Says

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Bitcoin Price Could Drop to $10,000 in 2023, Investor Mark Mobius Says
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Bitcoin holders should expect the cryptocurrency's price to slide to $10,000 next year, according to Mark Mobius

on CNBC’s “Squawk Box,” Mark Mobius, an emerging markets fund manager, predicted that the price of Bitcoin could fall to $19,000 in 2023. in late NovemberDespite the fact that Bitcoin remains relatively resilient during what seems like the crypto industry’s biggest crisis to date, Mobius continues to believe that the largest cryptocurrency will crash lower in 2023.

The world’s largest cryptocurrency is currently changing hands at the $17,300 level on major cryptocurrency exchanges. The bellwether coin is now down roughly 75% from its lifetime peak.

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