‘Liberation Day’ will be an ‘atomic bomb’ for crypto: pro
Zach Burks, CEO of Mintology, shared with crypto.news some sentiment on current market conditions.
Burks shared, in a note to crypto.news, that gold remains the preferred safe-haven asset for institutions, while Bitcoin (BTC) is increasingly the retail investor’s hedge against economic instability.
Burks touched on the surge in gold prices, attributing it to institutional investors as the main driving force. He predicts short-term spikes above $3,500, followed by a correction after ‘Liberation Day.’
Burks warns of heightened market volatility tied to former President Donald Trump’s anticipated ‘Liberation Day’ event, describing it as a potential “atomic bomb” for financial markets.
“Trump’s…
