Bitcoin News
By Evie Vavasseur
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Grantham: "Not with a Bang, but with a Whimper". Grantham appeared on CNBC on Friday. He didn't hold back.
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The Market Might Agree with Him, for Now. The numbers are hard to ignore. Bitcoin hit an all-time high near $126,000 in October 2025.
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Salinas Pliego: 70% of Portfolio, and His Wife Mortgaged the House. Ricardo Salinas Pliego, founder of Grupo Salinas, sees things differently.
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Bitcoin is experiencing a truly peculiar period. On one hand, Jeremy Grantham, Wall Street's bubble hunter, predicts a slow and silent death.
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Grantham appeared on CNBC on Friday. He didn't hold back. Bitcoin "will disappear slowly, I'm afraid — not with a bang, but with a whimper." That's his exact quote.
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His argument about Bitcoin's store of value is simple. Bitcoin lost half its value for no particular reason, in an otherwise solid economy.
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No details on exactly which period he is comparing. But the core message is clear.
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The numbers are hard to ignore. Bitcoin hit an all-time high near $126,000 in October 2025. Since then, the asset has lost more than 50% of its value.
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In June, Bitcoin fell towards $62,000. The Fed sent aggressive signals on rates — no cuts in sight, with some members even suggesting a possible hike.
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That's a lot of pressure on a single asset.
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Related: Bitcoin Demand in the U.S. Collapses Near $57,300 Liquidation Threshold as ETFs
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Ricardo Salinas Pliego, founder of Grupo Salinas, sees things differently. He has put 70% of his portfolio into Bitcoin — up from just 10% in 2020.
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Related: House Democrats Push SEC for Answers on AI Trading Advisers
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His reasoning comes from a long-standing skepticism of fiat currencies. He considers Bitcoin superior to cash and gold for one simple reason: it cannot be seized, it knows no…
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And he has survived quite a few challenges. A $150 million loan scam. Mexican regulations thwarting his plan to make Banco Azteca the first bank in the country to accept Bitcoin.
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