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    Home»Bitcoin»'Wealthy Dad Poor Dad' Writer on Bitcoin: 'Purchase Extra'
    'Wealthy Dad Poor Dad' Writer on Bitcoin: 'Purchase Extra'
    Bitcoin

    'Wealthy Dad Poor Dad' Writer on Bitcoin: 'Purchase Extra'

    By Crypto EditorJanuary 19, 2025No Comments2 Mins Read
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    'Wealthy Dad Poor Dad' Writer on Bitcoin: 'Purchase Extra'

    Cowl picture by way of U.Right this moment

    Disclaimer: The opinions expressed by our writers are their very own and don’t symbolize the views of U.Right this moment. The monetary and market data offered on U.Right this moment is meant for informational functions solely. U.Right this moment isn’t responsible for any monetary losses incurred whereas buying and selling cryptocurrencies. Conduct your individual analysis by contacting monetary consultants earlier than making any funding choices. We imagine that each one content material is correct as of the date of publication, however sure affords talked about could now not be obtainable.

    “Wealthy Dad Poor Dad” writer Robert Kiyosaki has urged traders to purchase extra Bitcoin now that the main cryptocurrency by market capitalization is inching nearer to hitting a brand new file excessive.

    The main cryptocurrency by market capitalization is presently buying and selling at $105,089, in keeping with CoinGecko information. It has surged by greater than 10% over the previous week. 

    The biggest cryptocurrency is presently simply 2.8% away from reclaiming its present file excessive of $108,135, which was achieved roughly a month in the past.

    Earlier this week, Kiyosaki predicted that the value of Bitcoin might attain $250,000 this yr. 

    Just lately, the controversial entrepreneur additionally opined that it was truly simple to get wealthy with the assistance of Bitcoin by merely “hodling” the cryptocurrency. 

    Bitcoin has been struggling to achieve a brand new file excessive for greater than a month because of the Federal Reserve’s hawkish pivot lately spooking the bulls. 

    As reported by U.Right this moment, the value of the main cryptocurrency surged effectively above the $100,000 stage a number of days in the past amid hypothesis concerning the U.S. authorities doubtlessly opting to create a strategic Bitcoin reserve within the close to future. Polymarket bettors see a 61% likelihood of this occurring in 2025. 

    This week, Bitcoin exchange-traded merchandise additionally managed to draw a complete of $1.8 billion value of inflows. Such spectacular inflows point out that there’s nonetheless sturdy institutional demand for the main cryptocurrency. 

    Nonetheless, Bitcoin is considerably underperforming such altcoins as Solana (SOL) and XRP. These cryptocurrencies have surged by 24% and 44%, respectively, over the previous week. 



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