CryptoMediaClub
Wednesday, June 25, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

This Is Why Robert Kiyosaki Sticks With Real Assets Like Bitcoin and Gold

15.07.2023
A A
0
129
VIEWS
ShareShare

Robert Kiyosaki, the author of several best-seller books, continues to display his support for bitcoin, gold, and silver above all other assets.

In his latest tweet on the matter, he praised the aforementioned three assets while warning that the rich will get richer in the wake of the US government’s policies.

Sticking With BTC

The largest US stock market indexes registered some gains over the week, with the Dow jumping by over 3% and the S&P 500 by just shy of that percentage. The renowned author, businessman, and entrepreneur commented on the matter, as he believes these increases are only because of the removal of the US debt ceiling.

Recall that the world’s largest economy faced a major crisis until June when President Biden signed a bill that suspended the country’s $31.4 trillion debt ceiling, thus avoiding the nation’s first-ever default.

Kiyosaki, though, who recently predicted that BTC will tap $120,000 soon, believes the government’s decision will only benefit the rich and harm America because the US national debt will increase, just like the stock market. As such, he doubled down on his support for what he referred to as “real assets” – bitcoin, silver, and gold.

ADVERTISEMENT

BTC Vs. Gold Vs. Silver YTD

Although Kiyosaki keeps praising the two precious metals as well as BTC, it’s worth exploring their performance as of late, especially on a year-to-date basis.

Silver entered the new year at $23,75 per ounce and jumped to over $26 at one point. However, it since retraced to $22 before climbing back to $24.9 to close on Friday, which gives it a modest 4.84% YTD increase.

Gold’s performance has been rather identical as it started 2023 at $1,827 before it shot up to a yearly peak at $2,080 on May 4. However, it couldn’t maintain its run and fell back down to $1,955 as of Friday’s closing hours. As such, the yellow metal is up by 7% so far this year.

Bitcoin, on the other hand, started the year on a positive note after the devastating 2022 bear market. It quickly surged from its January 1 price of $16,700 to over $20,000 and just this week tapped a 13-month peak at $31,850.

Despite losing some ground and currently trading at $30,300, the cryptocurrency’s YTD gains stand at just over 80%, making it the best-performing asset so far this year.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Share10Tweet6ShareSharePin2

Related Posts

Peter Thiel’s Founders Fund Backs $200M Raise for Polymarket at $1B Valuation
All news

Peter Thiel’s Founders Fund Backs $200M Raise for Polymarket at $1B Valuation

25.06.2025
0

Polymarket, a crypto-based prediction market platform, is on the verge of closing a $200 million raise that would value the...

Read moreDetails
Eight South Korean Banks Join to Establish Won-Backed Stablecoin, Plans Two Key Models

Eight South Korean Banks Join to Establish Won-Backed Stablecoin, Plans Two Key Models

25.06.2025
ChatGPT Picks The Top 3 Coins To Take Positions in Before End of June 2025

ChatGPT Picks The Top 3 Coins To Take Positions in Before End of June 2025

25.06.2025
Crypto Price Prediction Today 24 June – SHIB, TON, PEPE

Crypto Price Prediction Today 24 June – SHIB, TON, PEPE

25.06.2025
Russian Crypto Mining Chief: Bitcoin Could Hit $130k Before Summer Is Out

Russian Crypto Mining Chief: Bitcoin Could Hit $130k Before Summer Is Out

25.06.2025
Load More
Next Post
Dogecoin Price Struggling for a Trend Reversal; Awaiting Breakout

Dogecoin Price Struggling for a Trend Reversal; Awaiting Breakout

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Indian Government Receives Calls to Restore UPI Use for Crypto Exchanges: Report

2 years ago
Hong Kong Forms New Task Team To Promote Web3 Development

Hong Kong Forms New Task Team To Promote Web3 Development

2 years ago
SEC And Gary Gensler Believed Ether Was A Security For At Least A Year, New Court Docs Reveal

SEC And Gary Gensler Believed Ether Was A Security For At Least A Year, New Court Docs Reveal

1 year ago
Ethereum Co-founder Moves 22,000 ETH to Kraken Address

Ethereum Co-founder Moves 22,000 ETH to Kraken Address

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Crypto Price Prediction Today 24 June – SHIB, TON, PEPE

Russian Crypto Mining Chief: Bitcoin Could Hit $130k Before Summer Is Out

Senate GOP Unveils Bold Crypto Market Structure Principles – Here’s What Could Change

Number of XRP holders almost doubled within six months, overtaking Solana

Bitcoin Rebounds to $105,000 After Truce Claimed in Middle East – What’s Next?

Dogwifhat Rockets 20% as Bitcoin Breaches $106K – Is a $1.00 Breakout Next?

Trending

Peter Thiel’s Founders Fund Backs $200M Raise for Polymarket at $1B Valuation
All news

Peter Thiel’s Founders Fund Backs $200M Raise for Polymarket at $1B Valuation

25.06.2025
0

Polymarket, a crypto-based prediction market platform, is on the verge of closing a $200 million raise that...

Eight South Korean Banks Join to Establish Won-Backed Stablecoin, Plans Two Key Models

Eight South Korean Banks Join to Establish Won-Backed Stablecoin, Plans Two Key Models

25.06.2025
ChatGPT Picks The Top 3 Coins To Take Positions in Before End of June 2025

ChatGPT Picks The Top 3 Coins To Take Positions in Before End of June 2025

25.06.2025
Crypto Price Prediction Today 24 June – SHIB, TON, PEPE

Crypto Price Prediction Today 24 June – SHIB, TON, PEPE

25.06.2025
Russian Crypto Mining Chief: Bitcoin Could Hit $130k Before Summer Is Out

Russian Crypto Mining Chief: Bitcoin Could Hit $130k Before Summer Is Out

25.06.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz