Cypher
Bitcoin TrendsCryptocurrency

Giant USD Crash Coming, BTC to Hit 500K: Robert Kiyosaki

The well-known proponent of financial education, Robert Kiyosaki, recently announced on Twitter that a massive market meltdown is imminent. Robert thinks that a market depression is also conceivable.

The entrepreneur grounds his claim that the Fed is being obliged to produce enormous amounts of fake money because of the market concerns that have been observed. The belief in the US dollar and its counterfeit money will then be destroyed. The US dollar may be the largest loser due to these and many other uncertainties facing the global economy.

Anticipated economic crises may lower the US dollar value

People with knowledge of the situation say that the anticipated economic crisis might result in a decline in the value of the US dollar, which would subsequently impact the prices of Bitcoin and other cryptocurrencies.

Cypher

The value of the enormous assets that could be subject to severe volatility in the next two years is another area in which Robert makes a forecast. He predicted that gold, presently worth $1,875, would rise to $5,000 and silver, currently about $21.970, would soar to $500.

📰 Also read:  MetaMask's Pooled Staking Opens Ethereum Staking to More Users

Bitcoin, the largest cryptocurrency, would surge to $500,000

On the other hand, Bitcoin, the largest cryptocurrency, would surge to $500,000, according to Robert Kiyosaki. It is crucial to note that Bitcoin is exchanging hands at $21,830 at press time according to the cryptocurrency prices tracking platform Trading View. According to Kiyosaki, this would also result from losing faith in the US dollar and fake money.

Robert adds,

“Gold & Silver Gods money. Bitcoin people’s $. Take care.”

In related news, a new study suggests that Bitcoin, the cryptocurrency with the largest market value, may already be in the transition stage.

📰 Also read:  How to Buy STEPN (GMT): The Best Platforms you Use

Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Contact at info@tokenhell.com if you have any questions. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by Tokenhell authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. Read full terms and conditions / disclaimer.

📰 Also read:  How to Buy Waves (WAVES): The Best Exchanges to Use

Cypher

Curtis Dye

Curtis is a cryptocurrency news and analytics author with a focus on DeFi, BLockchain, CeFi, NFTs etc. He has publication skills such as SEO optimization, Wordpress, Surfer tools and aids his viewers with insights on the volatile crypto industry.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Skip to content