Robert Kiyosaki’s predictions They are common within the cryptographic market but not those that have a negative connotation. The writer warned that BTC It could collapse to US$60,000. Despite this, he said that in the long term it is on its way to US$250,000 in 2025.
Robert KiyosakiFurthermore, for some time now he has been anticipating a total collapse on Wall Street and the real estate market. However, the main US indices accumulate a good gain in 2024.
The writer stated that The United States is not out of the woods of experiencing a “crash” despite Donald Trump’s electoral victory.
Bitcoin: how much is it trading at today
Cryptocurrencies are recovering after the falls suffered this Tuesday. Bitcoin (BTC) once again exceeds $100,000, while Ethereum (ETH), which shows remarkable recoveryis above US$3,700.
Bitcoin, for its part, remains trapped in the range between US$90,000 and US$100,000, an interval in which it has remained in recent weeks. According to CoinDesk analyst Omkar Godbole, the lack of catalysts such as low liquidity in the market could be affecting the behavior of the cryptocurrency.
According to data from 10xResearch, capital inflows into BTC spot exchange-traded funds (ETFs) and BTC futures have halved since the beginning of the month. Markus Thielen, founder of 10x Research, comments that this slowdown in liquidity could be making it difficult for bitcoin to maintain $100,000. Thielen also highlights an interesting pattern: Fluctuations in global liquidity appear to outpace bitcoin’s movements by about 10 weeks, suggesting the cryptocurrency could be close to peaking.
Godbole also suggests that the slowdown in chipmaker stocks, especially Nvidia, could be weighing on cryptocurrencies. Since late 2022, Nvidia stock has grown due to the push for artificial intelligence (AI), and bitcoin has shown a positive correlation with these stocks. However, Nvidia has recently fallen after China opened an antitrust investigation into it. In this context, the correlation between bitcoin and Nvidia has been 0.6 in the last three months.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
