"Dollar is Fake Currency"
Maintaining Bitcoin Recommendation Stance
Robert Kiyosaki, author of the global bestseller "Rich Dad Poor Dad," recently welcomed the sharp rise in Bitcoin prices.
On the 29th of last month (local time), Kiyosaki wrote on his Twitter (X), "Bitcoin is restoring the true value of money by overwhelming the dollar, which is a fake currency," and added, "I salute Bitcoin's hard work."
He has consistently maintained a stance recommending the purchase of Bitcoin. On the 20th of last month, he predicted that Bitcoin prices would reach $100,000 by June this year, and in October last year, he forecasted, "Once Bitcoin breaks through the $30,000 range, the next test will be $135,000."
Recently, the leading cryptocurrency Bitcoin's price has surged relentlessly. On the 28th of last month, it surpassed the $60,000 mark for the first time in 27 months. Bitcoin's price exceeding $60,000 is the first occurrence since November 2021.
With an unstoppable upward trend, it even soared to around $64,000 at one point, bringing the historic high of November 2021 ($68,982) within sight. This rise is interpreted as a result of continued capital inflows into related ETFs following the approval of Bitcoin spot exchange-traded funds (ETFs), along with growing expectations for price increases ahead of the Bitcoin halving.
As of 9 a.m. on the 1st, according to the global coin market tracking site CoinMarketCap, Bitcoin is trading at $61,325, down 1.95% from 24 hours earlier. The decline in Bitcoin on this day is seen as a correction following the recent rapid surge. Despite the drop, Bitcoin surged 20% over the past week. On a monthly basis, it rose 44%, marking the largest monthly increase since December 2020.
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