Richard Hart, founder of the HEX platform, commented on the current crypto fiasco in the market on Twitter, stating that he does not believe Bitcoin is the best cryptocurrency.
Some of the projects that Heart believes will surpass $BTCVitalik Buterin’s Ethereum cryptocurrency entrepreneur.
“Ethereum is better than Bitcoin”
Heart introduced the S-curve (also known as the S-curve or sigmoid curve), which visualizes how new technologies, innovations, products, etc. spread through communities and are adopted by people and markets over time.
For the past few years, we have been saying that Bitcoin is at the top of an S-curve. This means that if you want to make big profits, you’re better off buying something better and with more potential. Pulse chains are better. Ethereum is better. When PLSX, HEX, ProveX comes out… pic.twitter.com/QCZedimVUZ
— Richard Heart (@RichardHeartWin) February 6, 2026
Hart has claimed (and not for the first time, according to his tweet) that Bitcoin has been at the top of the S-curve for several years now. This means that $BTC According to Heart, new user growth has slowed significantly because it is already in a mature stage, has huge support, and everyone who wants it already has it. Essentially, Hart believes Bitcoin has no room for growth in terms of new users and adoption.
He claimed that it is almost impossible to make a profit with Bitcoin. Other coins are much better suited for this. One of them, according to Hart, is Ethereum, which has more technical potential. The entrepreneur added that the actual quality and utility of a virtual currency does not make it a popular market asset. Rather true about the price. “The price is determined by marketing and whether people press the green button or the red button.”
Bitcoin recovers to $66,000
Over the past day, Bitcoin, the world’s largest cryptocurrency, has rebounded by 5.26%, returning to the $66,000 level. However, this recovery was preceded by a massive 30.55% crash over the past week.
On Wednesday, January 28th, Bitcoin lost its $90,000 price line and began to fall rapidly, eventually settling at a level of $63,000 per coin. This price collapse coincided with a 30% plunge after gold and silver reached all-time highs of over $5,000 and $100, respectively, on January 30th.
Analysts said the other main reasons for Bitcoin’s collapse were poor press coverage of Magnificent 7 (which sparked investor anxiety over an AI bubble) and the fact that Donald Trump named Kevin Warsh, known for his hawkish stance on monetary policy, as the new Fed chairman.
