Billionaire investor Mark Cuban stated that he has sold most of his Bitcoin holdings because Bitcoin did not demonstrate its expected safe-haven properties during the recent escalation of tensions in Iran and the weakening of the US dollar. Cuban said he once believed Bitcoin was a better store of value than gold, but recent gold price increases and Bitcoin declines have disappointed him regarding that logic. He expressed that, by comparison, his view of Ethereum remains more positive, and he described most other cryptocurrencies as "trash." Cuban previously stated that his crypto asset portfolio mainly consists of Bitcoin and Ethereum. (CoinDesk)

BTC-0.42%
GLDX0.4%
ETH-0.34%
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