Kevin O’Leary: BTC Will Rise After the Adoption of Stablecoins Laws
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Kevin O’Leary, an investor and star of the TV show Shark Tank, has said the price of BTC will resume growth after the adoption of a bill to regulate stablecoins.
He expects this will happen in November, after the elections to the US Congress. According to O’Leary, the corresponding document is supported by both political parties, because it “will make the US dollar the default payment system around the world.”
The TV star has also predicted an increase in the interest of institutional investors against the backdrop of the first regulatory document adopted by the US department in the crypto industry.
He is confident that this will allow digital gold to break out of the $19,000-22,000 trading range.
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