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Expert: Bitcoin To Go Down Upto $10,000 In 2023

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

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While Mobius expects bitcoin to hover around its current $17,000 level, the move to $10,000 could happen in 2023, he said.

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If Mobius's $10,000 call materializes, it will add to a miserable few months for the cryptocurrency market. 

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This year, it has seen more than $1.3 trillion wiped off its value.

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