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Bitcoin called a "dead cat" by Calacanis as price hits $81K; Saylor and Wood defend its value.

Market News
20 Sep 2026
Bitcoin
View Source
Bullish
Bitcoin called a "dead cat" by Calacanis as price hits $81K; Saylor and Wood defend its value.

Jason Calacanis labeled bitcoin a "dead cat" despite its price rising above $81,000, sparking rebuttals from Michael Saylor and Cathie Wood. Calacanis criticized bitcoin as a boring store of value that has not achieved mass adoption or a significant use case. In response, Saylor highlighted bitcoin's $1.6 trillion market value and its role in preserving wealth, while Wood asserted bitcoin has many futures ahead. The debate comes amid strong inflows into U.S. spot bitcoin ETFs, signaling continued institutional interest despite Calacanis' skepticism.

Bitcoin debate featuring Calacanis, Saylor, and Cathie Wood is noted alongside Pluang's cryptocurrency market snapshot as of Sep 20, 2026 14:01 WIB: Among 50 major cryptocurrencies, 23 rose and 26 fell. Notable movers include ALGO (Algorand) up 7.24% at Rp1.823 with 83% buy orders, COTI down 6.99% at Rp330 with nearly balanced orders, and UNI (Uniswap) down 5.27% at Rp153.714 with 63% sell orders.

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Cathie Wood defends Bitcoin, rejecting claims it's a 'dead cat bounce' and insists it has a strong future.

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ARK Invest CEO Cathie Wood responded to venture capitalist Jason Calacanis's claim that Bitcoin's recent price rebound is just a "dead cat bounce" and that the cryptocurrency has lost its technological edge. Wood argued that Bitcoin is far from dead ...

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Arthur Hayes targets ENA at $0.50 after buying 25.33M tokens; Ethena directs 95% revenue to buybacks.

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