Crypto market cap reclaims $1T, and derivatives point to further upside!!!
Bitcoin's performance has outpaced Warren Buffett's Berkshire Hathaway over the past six months as crypto markets appear to have turned a corner.
As the banking crisis worsened, Warren Buffett, the largest shareholder and co-founder of Berkshire Hathaway (BRKB), a $650 billion financial conglomerate, saw his holdings rapidly deteriorate. Berkshire Hathaway, for example, is the largest holder of Bank of America (BAC) stock, which has fallen 15.5% year-to-date. This position alone has cost Buffett's investment vehicle $5.2 billion.