Tether CEO: "Bitcoin's $75,000 stabilization is the beginning of a surge"

▲ Bitcoin (BTC), Dollar (USD), Wall Street/AI-generated image

Bitcoin (BTC) is maintaining a stable price trend around the $75,000 mark. Amidst this, Paolo Ardoino, CEO of Tether, has once again emphasized Bitcoin's unique value and scarcity, offering a strong bullish outlook.

According to crypto media outlet U.Today on April 20 (local time), Ardoino expressed an optimistic view on Bitcoin, seemingly representing Tether's official stance. He clarified via X (formerly Twitter) that Bitcoin's core value lies in its limited supply. Bitcoin's total supply is fixed at 21 million BTC, which is a decisive strength differentiating it from fiat currencies exposed to inflation risks.

Bitcoin's price is consolidating around $75,000, forming a support level after overcoming recent volatility. Ardoino assessed this stability as evidence of increased investor confidence in Bitcoin as a store of value. He emphasized that Bitcoin is the only alternative asset operating globally without centralized control. Many institutional investors are also paying attention to Bitcoin's decentralized nature.

As the issuer of USDT, which supplies immense liquidity to the market, Tether plays a pivotal role in the virtual asset ecosystem. Ardoino's remarks are considered an indicator representing overall market sentiment and have resonated greatly among investors. He analyzed that Bitcoin's transparent algorithm and unchanging issuance policy have set a new standard of trust in the digital economy. This is interpreted as a strong warning message against the indiscriminate currency issuance policies of various governments.

Bitcoin has now grown beyond a mere investment product to become a crucial pillar of the global financial system. Ardoino predicted that Bitcoin's scarcity would further maximize its asset value over time. Market participants expect the $75,000 price level to serve as a solid foundation for future additional gains. The decrease in Bitcoin holdings on exchanges and the increase in stablecoin supply are positive signs supporting the market's bullish trend.

The virtual asset market continues its stable trend around the $75,000 mark, supported by the Tether CEO's remarks. Bitcoin is solidifying its status as digital gold, driven by a combination of technical indicators and macroeconomic environments. Ardoino reaffirmed that Bitcoin's mathematical certainty provides a safe haven for investors in unstable economic conditions. As uncertainty in global financial markets increases, demand for Bitcoin will show an even steeper upward curve.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*