{"id":409773,"date":"2020-01-06T00:00:59","date_gmt":"2020-01-06T00:00:59","guid":{"rendered":"https:\/\/wncen.com\/?p=409773"},"modified":"2024-06-11T13:20:28","modified_gmt":"2024-06-11T13:20:28","slug":"why-fund-manager-bullish-bitcoin-gold","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/why-fund-manager-bullish-bitcoin-gold\/","title":{"rendered":"Why This Fund Manager Is Getting Bullish On Bitcoin & Gold"},"content":{"rendered":"
A prominent cryptocurrency fund manager and former Wall Street household name is bullish on both Bitcoin and gold. The reason: the U.S. killed Iranian General Qassem Soleimani by an airstrike.<\/p>\n
On Jan. 2, U.S. officials confirmed that Iranian General Qassem Soleimani was killed in Baghdad in an airstrike directed by President Donald Trump. Due to Soleimani\u2019s status as a key leader in Iran, media\u2014mainstream and social media alike \u2014 erupted; every commentator was trying to weigh in on what this event meant for foreign policy, a potential World War 3, oil, and \u2014 you guessed it\u2014Bitcoin.<\/span><\/p>\n Interestingly, a majority think that this geopolitical event will be either neutral or bullish for Bitcoin. Michael Novogratz, a former partner of Goldman Sachs and the current chief executive of crypto firm Galaxy Digital, recently remarked<\/a> on Twitter that the “more I analyze this Iranian situation, the more bullish [on] gold and BTC I become.”<\/p>\n The more I analyze this Iranian situation, the more bullish gold and $btc<\/a> I become.<\/p>\n — Mike Novogratz (@novogratz) January 5, 2020<\/a><\/p><\/blockquote>\nRelated Reading:\u00a0This Scary Fractal Suggests Bitcoin Price Is On Its Way to $3,000<\/a><\/h6>\n
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