⸺ Obituary · January 13, 2025 ⸺
“Investor Cliff Asness Says Bitcoin Is A Bubble Unless Uses Besides Speculation And Criminality Emerge”
— CNBC, Cliff Asness
“There’s no fundamental trend for crypto because I don’t know what the fundamentals are, but there is a price trend.”
Price at death
$94,517
Today
$73,405
Decline
-22%
On 2025-01-13, Cliff Asness (Co-founder, AQR Capital Management) declared Bitcoin dead via CNBC. Bitcoin was trading at ~$94,517 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on January 13, 2025, when one Bitcoin traded for approximately $94,517. Bitcoin remains below its price on the day of this declaration — for now.