Markets· ★★· bearish·

Cuban: Bitcoin and Apple trade like meme stocks, market is a bubble

  • —Cuban says "everything trades like a meme stock," citing bitcoin and Apple
  • —He offered an example of a 1-cent earnings miss moving a stock 18%
  • —Investors trade assets "like baseball cards" rather than on cash flow
  • —He sees a bubble but named no trigger for a burst
Why it matters: The comments highlight bitcoin's growing correlation with equities and a bubble call that flags risk of sharp selloffs.
Source: TokenPost