Here Are Top 4 Latest Bitcoin Predictions From Top Industry Stakeholders
The post Here Are Top 4 Latest Bitcoin Predictions From Top Industry Stakeholders appeared on BitcoinEthereumNews.com.
As Bitcoin rebounds to the $87,000 price mark, top industry stakeholders like Robert Kiyosaki make bold calls for the premier cryptocurrency. Why Is Bitcoin Up Today? Bitcoin stunned many investors in the early hours of today after its price rebounded from the $84,000 mark to over $87,000. Data from CoinMarketCap shows that BTC reached a daily high of $87,109 earlier, representing an increase of 4.26% from its 24-hour low of $84,181. Although Bitcoin has retraced slightly to $87,203, the premier cryptocurrency is still up 3.38% over the past 24 hours. Bitcoin’s surge comes after the U.S. dollar experienced a dramatic collapse amid rising tensions relating to the global tariff war and President Donald Trump’s push to remove Federal Reserve Chair Jerome Powell. Consequently, the U.S. dollar index (DXY) plunged to 98.5, marking its lowest level since March 2022. Amid speculations that Trump is considering ousting Powell and the sudden plunge of the DXY, Bitcoin recorded a sharp upsurge, soaring past the $87,000 mark. Kiyosaki Sees Bitcoin Hitting $200K By Year End. Robert Kiyosaki, the author of the financial literacy book ‘Rich Dad, Poor Dad’ has been a strong Bitcoin advocate. He has been urging investors to consider buying Bitcoin as it serves as a hedge against inflation. Notably, the financial educator predicts that Bitcoin will hit $180,000 – $200,000 this year. He also set a long-term target of $1 million for Bitcoin by 2035, exactly 10 years from now. Adam Back Says Bitcoin Is Still Cheap In addition, Adam Back, the co-founder and CEO of Blockstream, believes that Bitcoin is still in its early stages and that the premier asset is cheap. He made the comment when Bitcoin was trading at around $89,000 per coin. However, his latest prediction did not set a specific price target for BTC. Last month,…
Filed under: News - @ April 21, 2025 9:25 pm