Were Guggenheim CIO’s Comments About ‘Tulipmania’ Aimed at Bitcoin or Altcoins?

On Thursday (May 19), the day that Bitcoin and other cryptoassets had one of their largest price corrections ever, Scott Minerd, Global Chief Investment Officer of Guggenheim Partners, compared crypto’s current popularity to “tulip mania” in the 17th century. Background Guggenheim Investments is “the global asset management and investment advisory division of Guggenheim Partners and has more […]