Mark Cuban says recent crypto trading is ‘exactly like the internet stock bubble’

Billionaire Mark Cuban said that recent trading of bitcoin BTCUSD, +0.05% and other cryptocurrencies reminds him of the internet stock bubble of the late 1990s.

“ Watching the cryptos trade, it’s EXACTLY like the internet stock bubble. EXACTLY. ” — Mark Cuban

Cryptocurrencies have been on a meteoric rise in recent months, as the market cap of bitcoin and other cryptos topped $1 trillion last week, according to CoinDesk.