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Mark Cuban Says He Sold 80% of His Bitcoin
Mark Cuban revealed he has sold roughly 80% of his Bitcoin holdings after losing confidence in BTC’s “digital gold” narrative.
Cuban said gold surged during the US-Iran conflict while Bitcoin initially fell, adding:
“Bitcoin is not the hedge I expected.”
He also claimed Bitcoin “has lost the plot,” though he confirmed he still holds Ethereum because of its utility and smart contract ecosystem.
Bitcoin supporters quickly pushed back, noting BTC is still up more than 16% since the first signs of the US Iran conflict.
The bigger debate is now back at center stage:
Is Bitcoin truly digital gold or still primarily a risk asset tied to global liquidity
#RWAMarketCapExceeds65Billion #TradfiTradingChallenge $ETH