Guggenheim CIO Says “Institutional Demand Not Strong Enough to Keep Bitcoin Above $30,000”

Scott Minerd, the CIO of Guggenheim Partners a financial service provider believes that the current institutional demand for bitcoin despite the hype is not big enough to sustain bitcoin price above $30,000. Minerd comments come just days after he predicted BTC price to follow to $20,000 levels as the top cryptocurrency seems to be stuck The post Guggenheim CIO Says “Institutional Demand Not Strong Enough to Keep Bitcoin Above $30,000” appeared first on Coingape.