Mark Kobe has once made Bitcoin as a hedge against economic turmoil – the “shark” that still finds BTC to purchase the best in the midst of customs tariffs

Mark KobeEarly Bitcoin BTC/USD The investor and supporter continued to narrate the safe haven, put his weight behind the cryptocurrency currency in the midst of the economic concerns caused by the war.
What happened: In an interview with him in December, the billionaire investor and TV character supported Bitcoin as a “better version of gold”.
Kobe emphasized that, in addition to matching the effectiveness of gold as a hedge against economic shrinkage, bitcoin is “easier” in buying, selling and moving internationally.
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These notes were made at a time when Bitcoin was rising, after recently violated the historic teacher of $ 100,000 for the first time in history.
Soon forward to April 2025, the scenario has turned its head. Bitcoin decreased to less than 76,000 dollars, a decrease of more than 30 % of its highest levels ever. The main sales operations were followed Donald Trump Extreme tariff movements, birth economic uncertainty and stagnation.
However, the “shark” is still steadfast in Bitcoin’s invitation. During the X conversation on the state of markets and investments last week, the Bitcoin considered “better purchase” in the current scenario.
It is worth noting that the conversation started when the Cuban stated that, given the pressures, companies will resort to shares re -purchases because they were the only “specific investment” available to them.
But when a X user responded to “Bullish”, Cuban said that BTC may be a better option, indicating that companies may benefit from bitcoin storage.
The Cuban put his money where his mouth is. It is earlier It revealed the possession of “a lot” from bitcoin And I hope the price will rise.
It is interesting that the optimism of the Cuban contradicts Jpmorgan Analysts A recent note This investor’s confidence was away from bitcoin towards gold.
Price: At the time of writing this report, Bitcoin was the exchange of hands at 75,520.89 dollars, a decrease of 5.60 % in the past 24 hours, according to it. Data from Benzinga Pro. A year to date, the cryptocurrency decreased by 19.20 %.
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