Bitcoin Could Crash 40% in 2023 - Predicts  Mark Mobius


Bitcoin could crash to $10,000, a more than 40% plunge from current prices, veteran investor Mark Mobius told CNBC.

Mobius expects bitcoin to hover around its current $17K level, the move to $10K could happen in 2023.

The investor's bear case for bitcoin stemmed from rising interest rates and general tighter monetary policy from the U.S. Federal Reserve.