Markets· ★★· bearish·

Jason Calacanis says bitcoin will never hit new highs, backs Bittensor instead

  • —Calacanis rules out new all-time highs for bitcoin
  • —He favors Bittensor's TAO token over BTC
  • —The comments come as bitcoin trades below $80,000
Why it matters: A prominent venture investor publicly dismissing bitcoin reinforces the narrative of capital rotating into AI tokens.
Source: Google News (crypto query)