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

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.

“I am not a crypto person at all,” he said, highlighting that Bitcoin (CRYPTO: BTC) has underperformed gold this year …

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