Mark Cuban: BTC will become a safe haven and global currency
Odaily2024/07/17 18:30
By:Odaily
Odaily News Billionaire and well-known investor Mark Cuban said that Trumps support for
cryptocurrency is good news, but it has not really affected the price of cryptocurrency. What drives the price of BTC is lower taxes and tariffs. If history is a guide, the fundamental reason is inflation. Coupled with the global uncertainty of the geopolitical role of the United States and the impact on the dollar as a reserve currency, BTC will become a safe haven for funds. Cuban said that inflation and uncertainty about the role of the United States in geopolitics are a foregone conclusion under Trumps leadership, and there is no better time for the acceleration of
Bitcoins price increase. Such an environment may promote BTC to become a global currency. (Coindesk)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Discover Enormous Potential in Cryptocurrency’s Next Big Wave
In Brief The crypto market is showing similarities to the Dot-Com bubble era. There is a bullish expectation for XRP and SEI with potential price increases. Institutional interest in crypto may support Bitcoin and altcoins' prices.
Cointurk•2025/05/14 20:22

Trump Declares Broad Support for Cryptocurrencies
TokenTopNews•2025/05/14 19:44

Animoca and Cream Labs Invest in TrendX Platform
TokenTopNews•2025/05/14 19:44

JPMorgan Completes First Public Tokenized Bond Trade
TokenTopNews•2025/05/14 19:44

Trending news
MoreCrypto prices
More
Bitcoin
BTC
$103,418.47
-1.07%

Ethereum
ETH
$2,603.55
-2.72%

Tether USDt
USDT
$1
-0.02%

XRP
XRP
$2.56
-0.74%

Solana
SOL
$177.07
-2.50%

BNB
BNB
$652.2
-2.02%

USDC
USDC
$1.0000
-0.02%

Dogecoin
DOGE
$0.2337
-1.98%

Cardano
ADA
$0.7999
-3.65%

TRON
TRX
$0.2768
+1.84%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now