Eric Trump says "Even if the price of Gold goes up, there'll always be unlimited supply. Bitcoin is the only asset you can't get more of, that's why everyone wants it".
Bitcoin (BTC) Drops $6,000 After Bad PPI Data and Bessent's No-Buy Comment
Thursday witnessed quite a collapse in the Bitcoin price as PPI data came in very much worse than expected. However, the real bombshell was Treasury Secretary Bessent’s comment that the US would not be buying Bitcoin for its Strategic Reserve, a comment that he may now have walked back on.
When Will Altcoins Surge with Bitcoin's Breakout? Market Analysis
Bitcoin (BTC) broke out on Sunday and Monday has seen a continuation of the surge. What about the altcoins? Not many alts are matching Bitcoin’s performance right now. However, the signs are that an altcoin breakout is not far away.