Asset management veteran warns on crypto crash

Mark Battersby
clock • 1 min read

Jonathan Boyar, managing director at Boyar Asset Management in New York and principal advisor to the MAPFRE AM Forgotten US Value Fund, has commented on the recent cryptocurrency market crash and his views on the sector more broadly.  Earlier this week, several cryptocurrencies plummeted to new lows. Bitcoin has fallen by approximately 70% from its all-time high in November, while Ethereum is down by 78% from its all-time high. The crash is due to several factors, including the popular crypto lending platform Celsius freezing all its withdrawals from users and the latest consumer pric...

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