Jeremy Grantham predicts Bitcoin will gradually fade, down 52% from October highs. In a recent interview with CNBC, Jeremy Grantham, co-founder of GMO and renowned bubble prophet, reiterated his criticism of Bitcoin, calling it a "completely useless and purely speculative" asset lacking intrinsic value and real economic use. He predicted that Bitcoin will slowly disappear from the market over decades, not through a sudden crash, but a "quiet fade." Grantham noted that Bitcoin's extreme price volatility makes it unreliable as a store of value. He emphasized that Bitcoin has fallen about 52% from its October 2025 highs and is currently trading below $60k, driven more by market sentiment than fundamentals. He also stressed that Bitcoin lacks practical use in daily transactions and criticized its primary role in facilitating criminal fund transfers. In contrast, Grantham considers gold a superior store of value and hedge against inflation. #美光市值超越Meta跻身全美前十

BTC-1.43%
GLDX-1.06%
PAXG-1.39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned