Barstool’s Dave Portnoy plans to hold bitcoin until it hits zero after entering near the $100,000 top, highlighting a familiar retail capitulation pattern.
Bitcoin has fallen to 15th place among global assets by market capitalization. CompaniesMarketCap data placed BTC below several technology companies, Saudi Aramco, and newly listed SpaceX. The ranking came as Bitcoin traded near $63,800 with a market value of about…
Long-term Bitcoin holders now carry 5.3M BTC at a loss, surpassing post-FTX levels and approaching the Covid crash high, signaling the capitulation process.