During an interview with Yahoo Finance on Friday, Ross Gerber, CEO of wealth management company Gerber Kawasaki, called Bitcoin and Ethereum "cockroaches" to describe the vitality of these two top cryptocurrencies. He said: "Bitcoin and Ethereum are like cockroaches, they're just not gonna die…Bitcoin and Ethereum have been the best way to play these assets over the long term. In these seven years, I’ve watched them almost get killed several times, and they continue to survive just like cockroaches have for thousands if not millions of years."

The American investor doesn’t think there is any correlation between Bitcoin and U.S. inflation, he believes Bitcoin’s crash is actually due to its very high price.

Ross Gerber warned crypto investors that the next crypto winter will finally come, and it will be "brutal".

Public data shows that Gerber Kawasaki is headquartered in California, USA, provides solutions for investors of all levels. As of February 2, 2021, the asset under management exceeded $2.2 billion.

By Mary Liu