# Drake’s $1M Bitcoin Bet Goes Down Faster Than McGregor Canadian rapper Drake loses $1M on UFC fight. - **Source:** [DailyCoin](https://brifing.si/source/3e9b0f85-cb2f-40ee-ba61-db9410cf0937) - **Published:** 2026-07-13 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/e081c768-b6ad-46d3-b1aa-4e9762d6b175 ## Drake’s Betting Loss Canadian rapper Drake lost $1 million on Conor McGregor’s UFC 329 fight. McGregor lasted only 1 minute and 9 seconds against Max Holloway. Drake’s unlucky streak in sports betting continues. ## Bitcoin Bet Drake placed his bet using Bitcoin (BTC), and the loss was calculated in USDT. This loss once again highlighted the rapper’s bad luck in sports betting. ## Drake’s Unlucky Past Drake has suffered significant losses in NBA finals, UFC matches, and NFL bets in the past. Notably, he lost substantial amounts betting on the Golden State Warriors and Milwaukee Bucks. ## Bitcoin’s Decline Drake’s betting loss coincided with Bitcoin dropping below $62,000. Global tensions pushed the crypto market back to ‘extreme fear’ levels. ## Market Indicators The Parabolic Stop Reverse (SAR) index flashed a ‘sell’ signal, while crypto whale statistics pointed to a major sell-off. The market is focused on Trump’s new policies. ## Drake and Bitcoin Connection Drake’s risky approach to sports betting parallels Bitcoin’s high-risk investment world. Both are exciting but highly volatile. ## Sources covering this story - https://dailycoin.com/drakes-1m-bitcoin-bet-goes-down-faster-than-mcgregor/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._