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How a coronavirus vaccine could have a negative impact on bitcoin according to Robert Kiyosaki

How a coronavirus vaccine could have a negative impact on bitcoin according to Robert Kiyosaki
  • The author of “rich dad poor dad“ has recently heeded a warning that exciting developments around a coronavirus vaccine could put the price of bitcoin in an unfavourable state. 
  • This comes as the leading cryptocurrency spiked above $11,000 over the past 24 hours. 

The author of “rich dad poor dad“ has recently heeded a warning that exciting developments around a coronavirus vaccine could put the price of bitcoin in an unfavourable state. This comes as the leading cryptocurrency spiked above $11,000 over the past 24 hours. 

Even though the price of bitcoin has sunk below to the $10,800 range, this is an exciting development for the near term.

Going off the comments from the author, Robert Kiyosaki, he believes that investors should prepare themselves for a deep correction in the close future.

Taking to Twitter earlier this week on Tuesday, Robert gave his opinion on the potential of a coronavirus vaccine and specifically discussed its potential impact on the value of Safehaven assets such as bitcoin.

You can see his tweet below:

As you can see, according to him both bitcoin and gold would crash if a vaccine for coronavirus is successfully developed. In his mind, he believes that such a correction would be an interesting opportunity to accumulate more of these assets. To add to this, he spoke on the financial impact of the pandemic and how it has increased the United States debt to $28, trillion. In his opinion, this is the real problem rather than the actual crisis itself.

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

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