A potential US-UK trade deal, amidst a shifting global financial landscape, has some experts predicting big things for Bitcoin and other cryptocurrencies. Let’s explore why.
Trump’s Trade Deal and the Fall of the American Empire?
Donald Trump’s recent announcement of a US-UK trade deal follows a period of significant tariffs. This shift, according to some analysts like Arthur Hayes, founder of BitMex, signals a potential “fall of the American hegemonic empire” and a restructuring of the global financial system. This upheaval could create fertile ground for alternative assets like Bitcoin.
Top Crypto Picks for a Volatile Market
This volatility, while risky, could be a huge opportunity for savvy investors. Here are three cryptos worth considering:
1. Bitcoin ($BTC): Reaching for $1 Million?
Could Bitcoin hit $1 million? Hayes thinks it’s possible. With the US dollar’s position as the world’s reserve currency potentially weakening due to factors like a persistent budget deficit and continued money printing, Bitcoin’s appeal as a politically neutral and increasingly trusted store of value grows. If investors continue to see Bitcoin as a safe haven, its price could skyrocket.
2. BTC Bull ($BTCBULL): A Bitcoin Memecoin with a Twist
Don’t have enough to invest directly in Bitcoin? BTC Bull ($BTCBULL) offers leveraged exposure. This memecoin has a unique system: at certain Bitcoin price milestones, it either burns tokens (reducing supply) or airdrops Bitcoin to holders. This directly links its value to Bitcoin’s performance. It’s currently in presale, having raised over $5.4 million.
3. SUBBD Token ($SUBBD): AI and Content Creation
SUBBD ($SUBBD) is an AI-powered content creation platform. It aims to revolutionize the $85 billion content creation market by connecting creators and fans through AI influencers, livestreams, and more. The project has already raised over $350,000 and is seeing strong growth.
The Future of Bitcoin and Crypto
The combination of potentially limitless demand for Bitcoin and its limited supply (only 21 million coins) could lead to explosive growth. However, it’s crucial to remember that crypto is inherently volatile. Always do your research before investing.