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Another U-Turn: Guggenheim CIO Scott Minerd Calls Crypto ‘Tulip Mania’ – CryptoPotato

Scott Minerd – Global Chief Investment Officer and Chairman of Guggenheim Partners – compared the recent crypto market collapse to the ”Tulipmania’ in the 17th century. His current stance came somewhat unexpectedly since not long ago, he predicted a price of $600,000 for Bitcoin.
Crypto Is a ‘Tulipmania’
The recent crypto market crash created an opportunity for numerous investors and influential people to express their predictions about the current state and future price of bitcoin. And while many…

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