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Mexican billionaire says sell your home, buy Bitcoin as fiat nears collapse

Salinas challenges homeowners to reconsider investments in real estate in favor of Bitcoin's scarcity and deflationary potential.

CryptoSlate

Jul 5

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A Mexican billionaire is making headlines with a dramatic call to ditch real estate for Bitcoin as concerns over fiat currency intensify. XRP Ledger is seeing rapid growth in real-world assets and could gain even more momentum through a new partnership with Mercado Bitcoin. Meanwhile, Amber International’s stock took a sharp dip after adding Sui, XRP, and BNB to its $100 million reserve, underscoring the market’s reaction to shifting crypto strategies. Here’s what’s making news in crypto today.

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The global crypto market cap is $3.33 trillion, with a 24-hour volume of $80.06 billion. The price of Bitcoin is $108,229.97, and BTC market dominance is 64.7%. The price of Ethereum is $2,518.75, and ETH market dominance is 9.1%. The best-performing sector is Insurance, which gained 18%. The Crypto Fear & Greed Index is currently Greed (67).