June 5, 2026

Bitcoin Dethroned: Is a Replacement on the Horizon?

Bitcoin has been under serious pressure in 2026. Year-to-date, it’s down over 31%.

When a prominent asset like Bitcoin falls this hard, one question always comes to mind:

Is something else about to take its place?

It’s a debate that resurfaces every time Bitcoin stumbles…and so far, its resilience has proven doubters wrong…

But could this time be different?

Howard Greenberg was asked that exact question during a live appearance on Fox 32 Chicago. He gave a candid response that clearly clarifies his overall stance on bitcoin, and what he believes its future could look like.

The analysis, insights, and strategies shared by Prosper Trading Academy’s coaches in Prosper Insider are strictly for educational and informational purposes only. All content reflects the personal opinions of the coaches and should not be construed as specific investment advice or recommendations. Any examples discussed are illustrative in nature and do not represent actual live trade signals or instructions to buy or sell securities. Trading involves risk, and individuals should carefully evaluate their own financial situation before making investment decisions.

Howard covers:

  • If he believes a Bitcoin replacement is actually on the horizon
  • Why he says Bitcoin sits in a category completely separate from every other cryptocurrency
  • Why he believes other big crypto names like Ethereum are “tech company proxies”
  • How he prepared to sell Bitcoin at $84K before the big drop
  • His strategy for shorting Bitcoin since the selloff began

Watch the full segment

about the author:

Prosper Trading Academy

Read Similar Articles

https://www.prospertrading.com/charlie-moon-baba-schwab-network-072126/Charlie Moon’s Alibaba (BABA) Trade on Schwab Network
July 21, 2026

Charlie Moon’s Alibaba (BABA) Trade on Schwab Network

Charlie Moon joined Schwab Network to break down a live options trade on Alibaba and share his take on what the broader market is really telling traders right now. Here’s the setup and what he’s watching.

Read Article
July 15, 2026

The Fed, Oil, and What Earnings Season Really Means

Scott Bauer joined the IBKR Podcast this week to break down what moved markets last week and what investors need to watch heading into the next stretch of earnings season. From lagging inflation data to big tech CapEx concerns, Scott did not hold back.

Read Article
July 5, 2026

The Week Ahead: Happy 250

The Dow rose more than ​1% to a record closing high on Thursday ahead of the long holiday weekend as a softer-than-expected U.S. ‌jobs report eased worries about interest rate hikes, while another sharp drop in chipmaker stocks weighed on the Nasdaq. The second half of 2026 kicked off this week much the same as […]

Read Article

Read Similar Articles

https://www.prospertrading.com/charlie-moon-baba-schwab-network-072126/Charlie Moon’s Alibaba (BABA) Trade on Schwab Network
July 21, 2026

Charlie Moon’s Alibaba (BABA) Trade on Schwab Network

Charlie Moon joined Schwab Network to break down a live options trade on Alibaba and share his take on what the broader market is really telling traders right now. Here’s the setup and what he’s watching.

Read Article
July 15, 2026

The Fed, Oil, and What Earnings Season Really Means

Scott Bauer joined the IBKR Podcast this week to break down what moved markets last week and what investors need to watch heading into the next stretch of earnings season. From lagging inflation data to big tech CapEx concerns, Scott did not hold back.

Read Article
July 5, 2026

The Week Ahead: Happy 250

The Dow rose more than ​1% to a record closing high on Thursday ahead of the long holiday weekend as a softer-than-expected U.S. ‌jobs report eased worries about interest rate hikes, while another sharp drop in chipmaker stocks weighed on the Nasdaq. The second half of 2026 kicked off this week much the same as […]

Read Article