Mark Cuban Dumps Bitcoin, Cites Failed Inflation Hedge; Stock Down 10% in Half Month

BTC1.17%
ETH1.34%
According to Forbes, Mark Cuban sold his Bitcoin holdings on May 24, citing the cryptocurrency's disappointing performance and failure to serve as an inflation hedge. Bitcoin has declined 10% over the past two weeks amid recent price volatility. Cuban, a prominent investor who previously held crypto assets, reversed his earlier stance, expressing lower confidence in most alternative cryptocurrencies while showing relatively higher regard for Ethereum.
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