Legendary Investor Jeremy Grantham: 'Bitcoin, Ultimately a Fading Asset...'

Legendary investor Jeremy Grantham has argued that Bitcoin will eventually lose long-term relevance and decline to zero, dismissing it as a 'useless speculative mechanism.' He noted that Bitcoin has never been held by him and will fade as interest wanes over years or decades, criticizing its instability as a store of value. Meanwhile, Bitcoin's price has dropped over 50% since hitting a record high in October 2025, with technical indicators showing a significant correction. However, major institutional investors are reportedly buying during the downturn. In contrast, Mexican billionaire Ricardo Salinas Pliiego has allocated 70% of his portfolio to Bitcoin, citing its advantages over cash and gold. The analysis highlights strategic signals from expert forecasts of Bitcoin's value decline and market volatility.