Vivek Ramaswamy, a businessman who used to participate in the leadership of the United States Ministry of Government (DOGE) with Elon Musk, has a tweet from Bitcoin as a hedge against economic uncertainty, while stock markets are bleeding severely.
“Bitcoin hedge. This has become increasingly clear.”
Ramasuami quoted the X Publisher published by the CEO of Tether Paulo Erdino on Friday, where the latter refers to Bitcoin as “hedge.” The previous Elon Musk agreed to this, saying that the role of Bitcoin as a hedge became “increasingly clear.”
The community’s reaction to this post X was mixed – while some agreed with Ramaswamy on the importance of Bitcoin, others stated that the gold that was always hedging, and “Goldback will remain unacceptable”.
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Bitcoin exceeds 80,000 dollars, with the stock market breakdown
Since the stock market faces a bloody bath with losses of more than $ 5 trillion over the past few days, Bitcoin remains fixed and flexible as it continues to stick to a level of $ 80,000. The accident arose through the new tour of Donald Trump from the commercial tariffs that enter into force. This time, they not only aim for goods from China, Mexico and Canada, but against 180 countries with small exceptions.
Bitcoin faced a decrease of 6.4 % earlier this week, decreasing from the level of $ 87,000 and landing at 81,540 dollars. However, he has now recovered to 83,680 dollars, adding more than 1 %.
Since BTC maintains its price level, it greatly outperformed the pioneering technology index NASDAQ 100 on a general basis while NASDAC decreased by more than 16 %, she lost Bitcoin less than 12 % only. Thus, Bitcoin is currently separated from the stock market, and the BTC Samson MOW lawyer expected on Friday.
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Robert Keusaki says silver is better than BTC
This week, prominent investor Robert Keusaki, the author of the famous book “Rich Dad Poor Dad”, has published many tweets about bitcoin, gold and silver. Although he puts himself as a supporter of all three, he recently preferred silver over Bitcoin and gold.
Kiyosaki stated that although BTC and Gold do not decrease, silver is actively used in various major industries. Therefore, it is believed that the price of this original must rise 2x this year and reaches at least $ 70 for ounce.
