Banks and Fed Collapse Expert Gives Crypto Advice: “Buy It Now!”

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The banking crisis and the belief in financial instability on the US front bitcoin followed by investors. While all of this is happening, BTC is trading around $28,500, gaining 2% in value.

But the question on investors’ minds is whether the “fiat currency” has lost its value. On the other hand, whether the cryptocurrency market has matured and is less affected by macro developments.

Get Bitcoin, Now!

Prominent Bitcoin advocate Max Keiser believes that fiat money is on the verge of collapse and all fiat currencies are heading towards zero. believes. He even went so far as to say that US banks and the Federal Reserve were technically bankrupt. So what does he recommend?

You should buy Bitcoin, right now!

After the FOMC announced its interest rate decision, Bitcoin managed to catch a positive momentum, although it remained flat for a while. The price rallied to the $29,000 levels shortly after. The altcoin market is also trying to follow this rise.

Keiser is not alone in his views on this matter. According to cryptocurrency expert Michael van de Poppe, the current scenario of collapsed banks has created an extremely bullish scenario for BTC. According to the expert, if the $ 29,200 level is riveted, it will be a matter of time before the rise begins.

In addition, Ark Investment CEO Cathie Wood predicted earlier this year that Bitcoin would reach a value of $1.48 million by 2030. However, this goal seems overly optimistic and unattainable.

But market data shows that as the fiat system collapses, more and more people see Bitcoin as a reliable store of value, even though the current transaction price is between $28,300 and $29,150. While analysts expect Bitcoin to reach new highs, cryptocurrency Investing in currency unit can be a good way to hedge your bets in the current economic climate.

You can follow the current price action here.


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