Bitcoin plunged below $104,000 following Iranian airstrikes by Israel. The dip triggered a wave of liquidations totaling $1.16 billion. Economist Peter Schiff seized the opportunity to criticize Bitcoin’s performance. Meanwhile, Robert Kiyosaki warned that a U.S. conflict has begun, suggesting a violent summer ahead and urging investors to flee to Bitcoin. Bitwise CEO Hunter Horsley predicted that Bitcoin will enter a “no-sell zone” once it surpasses $130,000 to $150,000. The ECB confirmed that gold has overtaken the euro as the second-largest reserve asset globally.
Bitcoin Plummets Below $104K as Tehran Airstrikes Send Shockwaves Through Markets
Bitcoin dipped below $104,000 on Wednesday, reaching an intraday low of $103,362 following reports of airstrikes… read more.
Editor’s comment: As discussed in this week’s episode of Token Narratives (Episode 56), the market hasn’t priced in escalation.
Bitcoin Liquidations Surge to $1.16 Billion; Economist Claims BTC Is 15% Lower vs. Gold
Economist Peter Schiff has renewed his criticism of bitcoin, questioning its status as “digital gold” after the cryptocurrency… read more.
Editor’s comment: Gold acted as a safe haven immediately after the news of Israel’s attacks on Iran. Bitcoin isn’t yet that visceral flight to safety, at least in the short term.
Robert Kiyosaki Declares Civil War Has Begun—Warns of Violent Summer
Robert Kiyosaki declares civil war has begun, sounding the alarm on economic collapse and urging a flight to bitcoin… read more.
Editor’s comment: If you haven’t checked out the excellent book The Fourth Turning, you definitely should.
Bitwise CEO: Bitcoin Hits No-Sell Zone Above $130K-$150K
Bitwise’s CEO makes a bold prediction: bitcoin holders will stop selling once the crypto hits the $130K-$150K range… read more.
Editor’s comment: Counterintuitively, Horsley argues that once the price of Bitcoin clears $130K – $150K, buyers will be less likely to sell.
ECB Confirms Gold Dethroned the Euro as the Second Reserve Asset
A recent report by the ECB confirms that gold, following a significant rally in 2024, has become the second-largest asset… read more.
Editor’s comment: You’re telling me that the BRICS, made up of countries that flat-out hate each other, is going to have a better chance than the Euro did at becoming the global reserve asset?
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
