Tether's CEO Paolo Ardoino shared his views on Bitcoin on social media platform X, emphasizing its resilience amid uncertainty.
Ardoino Praises Bitcoin for Stability
In a recent tweet, Ardoino remarked that Bitcoin represents stability and certainty in an unstable economic environment. He stated, 'Bitcoin is certainty'.
Bitcoin Shows Price Growth
Over the weekend, Bitcoin exhibited significant price growth, increasing approximately 5% from $116,450 to slightly above $122,000. This surge occurred following U.S. President Donald Trump's executive order allowing 401(k) retirement funds to expand investments into risky assets, including Bitcoin and altcoins. Currently, Bitcoin is down 1.84% from its peak price, trading at $119,930.
Kiyosaki's Predictions on Stock Market Crash
Financial guru Robert Kiyosaki has once again predicted a 'massive stock market crash'. He noted that this crash would be 'good news' for holders of Bitcoin, gold, and silver. Kiyosaki mentioned, 'Stock market crash indicators warning of massive crash in stocks. Good news for gold, silver, and Bitcoin owners. Bad news for Baby Boomers with 401 k.'
The remarks by Ardoino and Kiyosaki highlight current trends in the cryptocurrency market and the importance of Bitcoin as an asset in times of economic instability.
