Billionaire investor Mark Cuban sells most of his Bitcoin holdings, saying it failed to serve as a hedge
Source:
www.coindesk.com
Cuban said, “Every time the dollar falls, Bitcoin should rise… but it just doesn’t.” He candidly expressed disappointment with Bitcoin, while maintaining a relatively positive outlook on Ethereum and labeling most other cryptocurrencies as “garbage.” Previously, Cuban publicly stated that roughly 60% of his crypto portfolio consisted of Bitcoin, which he had held long-term without selling.