Guggenheim’s CIO cautions potential Bitcoin investors about buying now By BTC Peers – Investing.com

Guggenheim’s CIO cautions potential Bitcoin investors about buying now By BTC Peers – Investing.com

Scott Minerd, one of Bitcoin’s vocal proponents, appears to have lost faith in the world’s leading cryptocurrency.

During a Friday interview with CNBC, Minerd voiced his skepticism over the short-term performance of . According to the Chief Investment Officer (CIO) of Guggenheim Partners Global, he sees no reason to own Bitcoin in the present-day crypto market.

Minerd’s enthusiasm for Bitcoin has taken a beating in the past few months. In his discussion with CNBC’s Brian Sullivan, he said: