@frostmourne 1 week ago
Mark Yusko warns Trump isn't pro-crypto, sees BTC bottoming at $58k
Mark Yusko warns Trump isn't pro-crypto, sees BTC bottoming at $58k
Morgan Creek Capital's Mark Yusko is warning that Trump's agenda is focused on dollar dominance rather than actually supporting crypto. He suggests the administration is working on strategies to block the yuan, which doesn't necessarily help decentralized assets. Yusko predicts Bitcoin will find a bottom between $58,000 and $63,000 around September or October. He argues that fair value is closer to $81,000 but institutional futures trading is suppressing prices, similar to historical gold markets. Long term, he maintains a target of $600,000 by 2029 and favors Ethereum over its competitors.
finance.yahoo.com
| 'Everyone Thinks Trump Is Our Friend-He's Not': Mark Yusko Exposes Crypto Reality

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