Crypto Fund Pantera Says Bitcoin Energy Concern to Impact Market
- Dan Morehead still sees Bitcoin doubling over next few months
- He’s also buying coins like Polkadot with fewer ESG worries
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The head of crypto hedge fund Pantera Capital Management is still bullish on Bitcoin even if some of Elon Musk’s concerns about the token’s energy footprint are valid.
Dan Morehead said in an interview with Bloomberg TV that worries about the cryptocurrency’s environmental toll “will have some impact” on the market.