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Mark Cuban Sells Bitcoin, Calls It Disappointing
CoinDesk·
Billionaire investor Mark Cuban has divested most of his Bitcoin holdings, expressing disappointment that the cryptocurrency failed to act as a hedge against recent geopolitical turmoil and dollar weakness. Cuban noted that while gold prices surged during the Iran conflict, Bitcoin experienced a decline, contradicting his long-held thesis that Bitcoin was a superior version of gold. He now views Ethereum more favorably and dismisses most other cryptocurrencies as "garbage," highlighting a continuing debate about Bitcoin's role as a store of value versus a high-risk technology asset.
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crypto
macro
Original Source
CoinDesk — coindesk.com