‘Dr. Doom’ economist Nouriel Roubini trashes Bitcoin for being heavily manipulated, and blames retail investor FOMO for its recent pump-and-dump | Currency News | Financial and Business News

  • Nouriel Roubini, known as “Dr. Doom” for his bearish views, slammed Bitcoin for being heavily manipulated and blamed retail investor FOMO for this week’s boom and bust on Twitter on Thursday.
  • Roubini tweeted the digital token has no role to play in the portfolios of retail or institutional investors because it has zero intrinsic value.
  • “Retail suckers with massive FOMO have been jumping again into BTC as they did in late 2017 when price went from 10K to 19K…

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