- Posted on July 12, 2023
- News
- By FC Team
- 581 Views
Bitcoin (BTC) is leading the crypto market to a whole new lease on life with bullish reversals being recorded across the board. Bitcoin has jumped by as much as 1.83% over the past 24 hours and is pegged at $30,629.25. The volatility of the premier cryptocurrency appears to be milder and, amidst it all, "Rich Dad Poor Dad" author Robert Kiyosaki has given the cryptocurrency a whole new price target. Taking to his official Twitter account, Kiyosaki commented on the latest move by members of the BRICS alliance to adopt the gold standard. He said the BRICS nations will likely announce a gold-backed crypto next month in a move that may change the status quo in the U.S. dollar (USD) valuation. Considering the impending devaluation of the USD, Kiyosaki, in his characteristic manner, advises his followers to buy gold and silver to hedge against the inflation that is set to go through the roof in the coming months. The highlight of his latest admonition was the prediction that the Bitcoin price is poised to touch the $120,000 price level by next year. U Today