Bitcoin 'Seems Like a Bubble', Says Billionaire Investor Carl Icahn
Billionaire investor Carl Icahn has jumped on the bandwagon of financial bigwigs saying bitcoin is in a bubble.
Billionaire investor Carl Icahn has jumped on the bandwagon of financial bigwigs saying bitcoin is in a bubble.
The business magnate and founder of Icahn Enterprises told CNBC that the cryptocurrency "seems like a bubble" and that he didn't understand the hype around bitcoin.
Icahn stated:
"I got to tell you honestly, I don't understand it ... I just don't get it. I just stay out of something if I don't understand it."
The investor further compared the bitcoin market to 18th-century Mississippi land bubble before it finally collapsed. "To me, this is what this is," he said.
His comments follow similar comments from investor Warren Buffett in October, describing bitcoin as a "real bubble." Buffett said at the time, "People get excited from big price movements, and Wall Street accommodates," while criticizing the idea of applying a value to bitcoin.
Additionally, Credit Suisse CEO Tidjane Thiam stated last month that bitcoin is "the very definition of a bubble," calling the anonymity of the cryptocurrency a "challenge."
Bubble image via Shutterstock
More For You
需要了解的:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin gets 'base case' price target of $143,000 at Citigroup
The Wall Street bank said its bitcoin forecast relies on further crypto ETF inflows and a continued rally in traditional equity markets.
需要了解的:
- Citigroup's base case for bitcoin (BTC) is a rise to $143,000 in 12 months.
- Analysts highlight $70,000 as key support, with the potential for a sharp rise due to revived ETF demand and positive market forecasts.
- The bear case sees bitcoin falling to $78,500 amid a global recession, while the bull case predicts a rise to $189,000 due to increased investor demand.
