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Tom Lee Says Crypto Investors Are ‘Rage Quitting’ After Mark Cuban Dumped All His Bitcoin — TradingView News

Tom Lee Says Crypto Investors Are ‘Rage Quitting’ After Mark Cuban Dumped All His Bitcoin — TradingView News

Fundstrat’s Tom Lee said on Monday that the recent slump in crypto has triggered “rage quitting” among investors in response to Mark Cuban’s reported decision to sell off his Bitcoin (BTC) holdings.

Bitmine Immersion Technologies (BMNR) Chairman Lee, speaking on CNBC’s SquawkBox, partly agreed when asked about Cuban, who sold all his Bitcoin on the argument that it had failed to act as an inflation hedge and that gold had proven the better bet.

“I think Mark is right, crypto has been disappointing, because crypto should move with, you know, equity markets, and it should be rallying with software,” Lee said. “Software has really started to rally big, and crypto hasn’t moved. So, I think there are what I call quote rage…

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