Billionaire investor Jeff Gundlach says he will not be stunned if bitcoin tumbles to $10,000, as 'blow-ups' clatter the crypto market.

Billionaire Jeff Gundlach told CNBC he wouldn't be astonished if bitcoin plunged to $10,000.

The "Bond King" highlighted "blow-ups" in crypto that aided drive a fall in bitcoin to simply above $20,000.

The world's biggest cryptocurrency  by market cap has tumbled to exchange around  18 month lows throughout recent days.

He said I'm not bullish at that $20,000 or $21,000 on bitcoin. I wouldn't be shocked by any means in the event that it went to $10,000," he said in a "End Bell" interview.

We've proactively seen around the edges a few blowups in pieces of the crypto world, and that could be portending a few issues," Gundlach said.

The furthest down the line issue to stand out enough to be noticed is vulnerability around powerful crypto multifaceted investments Three Arrows, after its CEO Su Zhu on Tuesday tweeted.

We are currently speaking with pertinent gatherings and completely dedicated to resolving this.