Bitcoin's Rise A Response To Debt, Inflation Concerns, Says Anthony Pompliano: 'This Is The Best Marketing Campaign For BTC'

Bitcoin's Rise A Response To Debt, Inflation Concerns, Says Anthony Pompliano: 'This Is The Best Marketing Campaign For BTC'

Entrepreneur and investor Anthony Pompliano said Thursday that the ongoing surge in Bitcoin’s (CRYPTO: BTC) value is a reaction to impending economic turmoil. What Happened: During his video podcast, Pompliano dissected the aggressive rally that has sent Bitcoin to new highs. He said the market is pricing in “tough times” ahead, making Bitcoin an attractive safe haven. According to him, Bitcoin’s value increased as the market became more aware o…

In the United States, several factors lead to a loss of confidence in US debt, which is felt on the bond market. At the same time, Bitcoin (BTC) seems to be proving increasingly its status as a safe haven value. Let's analyze this more closely. The U.S. debt article: Investors lose confidence, while Bitcoin (BTC) claims as a safe haven value appeared first on Cryptoast.