Mark Cuban had once said Bitcoin is the superior version of gold. However, the long-time crypto bull recently disclosed selling 80% of his BTC holdings, citing the token's failure to act as a safe-haven asset amid dollar weakness, geopolitical dynamics, and worldwide economic volatility.
He also expressed his disappointment about BTC prices falling amid rising gold prices. 'When all this s**t hit the fan with the Iran war, Bitcoin was always the best alternative to fiat currency losing its value and I always thought it was a better version of gold than gold. Well, gold just blew up... bitcoin dropped. And every time the dollar dropped, bitcoin should've gone up ... and it just didn't do that,' the Shark Tank star had remarked recently.
