But Robert Kiyosaki, author of The Poor Father's Rich Dad, believes the discovery of the corona vaccine will lead to a short-term decline in bitcoin.
How so? What is the connection? And what does he refer to when he said decline in Bitcoin? Is it the price? Or is it the dominance of Bitcoin in the crypto market?
I think the slight fall of Bitcoin's dominance from 60% is due to the hype created around this DeFi trend. There are certain DeFi tokens which have gained a good deal of trust among crypto investors. A portion of crypto investments must have flowed into these DeFi tokens.
In my opinion, if a vaccine is made, people will withdraw their funds from safe places, including bitcoin.
Of course, these are just theories, and maybe it will be the complete opposite and a good climb is on the way.