hovering just above $8,000 since gaining $2,000 per bitcoin in just a few short days at the end of last week, and many are hailing a new bitcoin and cryptocurrency bull runNow, Mark Mobius, the cofounder of Mobius Capital Partners and a legendary, veteran investor who once branded bitcoinMark Mobius, an emerging markets veteran investor, has previously poured scorn on bitcoin and cryptocurrencies.
"Whether I would invest in it is not a question," Mobius said."You have incredible volatility and, at the end of the day, you can’t chase one individual group or one organization that will keep track of what is going on." The bitcoin price has surged in recent months, though remains far from its all-time highs set in late 2017."Many of those who are heavily entrenched in the old financial system are unsurprisingly unswayed by the benefits of crypto, but that's changing rapidly," Greenspan wrote about Mobius' flip in a note to clients."The volatility is one of the most attractive qualities of crypto from an asset managers perspective.
bitcoin Moon2024
Shocking 😲 now that he was able to grab his investment position, he’s all for it living long and well. Go figure lol 😂