The cryptocurrency market was slightly bearish during the early European session, with the global crypto market cap falling from $944 billion to $936 billion. Bitcoin, the leading cryptocurrency, is still trading near $19,349.19, down 0.88% so far. Similarly, Ethereum is trading sideways, with a price range of $1,325 to $1,298.
However, some altcoins are trading strongly bullish, such as TerraClassicUSD, which has increased by more than 35% in the last 24 hours. At the same time, the Huobi Token has increased by 20% to trade at $4.97. Maker is also in the spotlight for achieving more than a 17% weekly gain.
The current Bitcoin price is $19,351.72, and the 24-hour trading volume is $20.35 billion. Bitcoin has fallen by 0.88% in the last 24 hours. CoinMarketCap now ranks first, with a live market cap of $371 billion.
Robert Kiyosaki, widely known as the author of the financial literacy bestseller "Rich Dad, Poor Dad," has been a prominent proponent of Bitcoin for the past two years.
Now he's taking to Twitter to foretell the imminent collapse of the US dollar and economy, declaring that Bitcoin, gold, and silver are the only safe investments left.
Despite rising food and gas prices, Kiyosaki tweeted that the average person still can't comprehend the big picture of the economy. The time has come to stockpile not just Bitcoin but also precious metals like silver and gold.
Kiyosaki has been anticipating the collapse of the USD since the beginning of the pandemic two years ago, when the Federal Reserve printed more than $6 trillion.
The Federal Reserve has raised interest rates multiple times this year, with some of the increases being the largest in decades. He has been predicting the crash of financial markets alongside the
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