On December 22, Guggenheim Partners сообщила that its investment chief Scott Minerd died of a heart attack. He had previously repeatedly given forecasts about Bitcoin’s price.
According to the press release, the 63-year-old Minerd died on December 21 during a workout. His duties will temporarily pass to the firm’s managing partner Anne Walsh.
“Scott was a key innovator and thought leader who played a pivotal role in turning Guggenheim Investments into the global business it is today. He will be greatly missed by all,” said Mark Walter, founder of the firm.
Minerd frequently commented on Bitcoin’s price. In February 2021 he suggested that in the long term the price of Bitcoin could rise to $600,000, however in April warned of a possible correction to $20,000.
Amid May’s market crash, Minerd called digital assets a bubble. A month later Guggenheim Partners registered a fund with the ability to invest in the first cryptocurrency.
Earlier, in spring 2022, Minerd predicted a drop in Bitcoin’s price to $8,000. Later he predicted further contraction in the crypto market’s capitalization, as the industry had not yet cleaned up from problematic participants.
Read ForkLog’s Bitcoin news on our Telegram — cryptocurrency news, prices and analysis.