The reason we should blame Tom Brady for Bitcoin crash

Anyone who owns Bitcoin may be looking at Tampa Bay Buccaneers quarterback Tom Brady with the evil eye right now.

Ever since the seven-time Super Bowl champion changed his Twitter profile photo to include “laser eyes” back in May 2021, the price of Bitcoin has plummeted quite dramatically. When Brady revealed his “laser focus” on Bitcoin, the prime cryptocurrency still carried a value of around $57,000. As of this writing, Bitcoin is worth less than half that at $21,000:

As far back as June 2021, even Brady himself acknowledged the uncanny correlation of his “laser eyes” with Bitcoin’s downtrend. The Buccaneers QB even gave Stephen Curry some amusing crypto advice a few months after.

One year later, Brady’s Twitter profile photo remains unchanged, and his followers still believe this continues to haunt the crypto world.

His well-documented affinity for cryptocurrency actually makes this quite ironic. He was even quoted at the CoinDesk Consensus 2021 forum as saying:

“I don’t think it’s going anywhere. I’m still learning so much. It’s definitely something I’m going to be in for a long time.”

To be fair, there has been a general decline not just in Bitcoin but in a number of other cryptocurrencies as well, and this likely would have happened anyway no matter what profile photo Brady is using.

It’s also worth noting that Bitcoin has bounced back from even bigger crashes in the past. Additionally, even if this downtrend continues, Brady still has his beefy contracts with the Tampa Bay Buccaneers and Fox Sports coming in. In short, he has nothing to lose by keeping his “laser eyes” on for as long as he wants, whether crypto geeks still pin the blame on him or not.