“Bitcoin’s Plunge Should End The Hype That It Is Digital Gold”
“That said, gold has been a good store of value over the long term, and its correlation with equities is low. In this respect it is a proven alternative to the U.S. dollar, whereas Bitcoin is neither a vehicle currency nor a good store of value.”
On 2026-02-13, Nick Sargen (Senior Economic Advisor, Fort Washington Investment Advisors) declared Bitcoin dead via The Hill. Bitcoin was trading at ~$68,858 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on February 13, 2026, when one Bitcoin traded for approximately $68,858. Bitcoin remains below its price on the day of this declaration — for now.