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Khyathi Dalal

'I'm Not A Crypto Person At All', Says Billionaire Investor Who Sees Bitcoin's Momentum Stalling

Jeffrey Gundlach Bitcoin Crypto DoubleLine Capital

Golden,Bitcoin,Cryptocurrency,Concept,With,Floating,Coins,And,Digital,Technology

Billionaire investor and DoubleLine Capital CEO Jeffrey Gundlach has voiced skepticism about the crypto industry's credibility and stability.

What Happened: In an interview on CNBC on Sep.19, Gundlach compared crypto strategies to past financial products like Portable Alpha and 130/30 strategies, noting that such trends appear every few years and he personally avoids them.

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