“My two biggest holdings are Ethereum and Bitcoin, which together account for nearly 90% of the whole cryptocurrency market,” O’Leary posted on X Tuesday. The “Shark Tank” investor, also referred to as “Mr. Wonderful,” highlighted his yield-generation strategy, which goes beyond straightforward holding tactics.
In addition, like dividends or bond interest, I have developed techniques to provide yield on top of my holdings. Because of this, I think Bitcoin and Ethereum are the real gold standards of cryptocurrency,” O’Leary said.
Market Performance Supports Conviction
Tuesday night, Bitcoin was up 1.66% at $111,119.12 due to increasing institutional interest. At $4,317.58, Ethereum exhibited a slight decline of 0.18%. Over the course of a day, the total market value of cryptocurrencies increased by 1.34% to $3.82 trillion.
According to the Crypto Fear & Greed Index, market sentiment changed from “Neutral” to “Greed,” in part because Strategy Inc. (MSTR) bought almost $450 million worth of Bitcoin. As of Tuesday, net inflows into Bitcoin spot exchange-traded funds were $260 million, according to SoSo Value.
Infrastructure Investment Focus
By making infrastructure investments in businesses like Circle Internet Group Inc. (CRCL), Coinbase Global Inc. (COIN), and Robinhood Markets Inc. (HOOD), O’Leary has increased the diversification of his cryptocurrency exposure.
According to the investor, the popularity of cryptocurrencies has changed with the generations. Gen Z investors now buy Bitcoin and Ethereum in addition to conventional equities on sites like Robinhood, viewing digital assets “as having the same merit that a stock does, or a bond.”
Technical Outlook Remains Bullish
Despite Bitcoin trading approximately 12% below its $124,457 all-time high reached in August, on-chain analytics firm CryptoQuant noted that typical bull market corrections range between 20% to 25%. The current pullback “is therefore not unusual and could continue without breaking the historical pattern,” the firm stated.
