Fold Holdings Plunges 7% as Bitcoin Rewards Card Hits Snag – Crypto Investors Fume

Another day, another crypto promise stuck in bureaucratic purgatory.

Fold Holdings just got slapped with a 7% nosedive after delays torpedoed its flagship Bitcoin-back credit card rollout. Because apparently even decentralized finance can't escape the classic 'coming soon' limbo.

The irony? A company built on blockchain's instant transactions got caught in legacy finance's favorite game: Hurry up and wait. TradFi strikes back.

Investors aren't stacking sats—they're stacking losses. Meanwhile, Visa and Mastercard executives are probably sipping champagne, watching crypto stumble over the same compliance hurdles they've mastered for decades.

Here's the bullish case though: When this finally launches, that 7% dip might look like a Black Friday discount. If you can handle the volatility—and the existential dread of traditional finance's staying power.