Reported about 5 hours ago
Bitcoin has been fluctuating below $100,000 as President Trump’s inconsistent tariff policies create volatility in the market. Cornell University professor Eswar Prasad suggests that bitcoin is no longer viewed as a hedge against inflation but rather as an even riskier asset due to its unclear intrinsic value. Despite the current policy uncertainty, Prasad believes the long-term outlook for cryptocurrencies remains positive, though short-term fluctuations will still be shaped by geopolitical events.
Source: YAHOO