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- 🎯 To further enhance the user experience on Gate Square, we sincerely invite you to take part in our first User Experience Survey 👉 https://www.gate.com/questionnaire/7086
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👉 https://www.gate.com/announcements/articl - 🌕 Gate Square · Creator Incentive Program Day 10 Topic– #Fed Cuts Rates By 25 Bps# !
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🔥 Day 10 Hot Topic: Fed Cuts Rates By 25 Bps
The Fed lowered its benchmark rate by 25 basis points to 4.00%–4.25%, in line with market expectations. This marks the restart of the rate-cut cycle since the pause last December. Lower rates often boost liquidity and risk appetite, which could be - 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
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Famous Economist Accelerated Bitcoin Purchases: If This Happens, 350 Thousand Dollars Will Be Inevitable - Coin Bulletin
**Renowned figure in the finance world, Robert Kiyosaki, has stated that he has increased his purchases by predicting that the price of Bitcoin could reach $350,000 by 2025, and he will continue with his long-term strategy.
Robert Kiyosaki, a well-known figure in the financial world and the author of the book 'Rich Dad Poor Dad', is back in the spotlight with his bold price predictions for Bitcoin (BTC).
Kiyosaki stated that Bitcoin, the world's largest cryptocurrency, will reach $250,000 this year. However, this prediction falls slightly below his previous, higher expectations.
Kiyosaki tweeted as Bitcoin rose to $100,500, saying "Bitcoin over $100,000" and stating that he believes the price will reach $250,000 this year. He also added that he has increased his Bitcoin purchases.
Commentators Predict Even Higher
Kiyosaki's remarks have caused a great stir in the crypto community. Some commentators suggested that if the new US president creates a Strategic Bitcoin Reserve as he promised before the election, Bitcoin could rise to $350,000, and even to much higher levels.
Kiyosaki's long-term Bitcoin strategy shows that he has previously praised the "buy and hold" tactic employed by MicroStrategy **CEO **Michael Saylor.
Kiyosaki said that he follows this strategy on a smaller scale and believes that Bitcoin will gain a value of $12 million in the next 10 years, partly taking market share from gold.
Surprise Change in the Strategy
Interestingly, Kiyosaki had expressed last year in October-November that he would stop buying Bitcoin if the price exceeds $100,000. However, he has now announced that he has changed his mind and will continue to make purchases.
In December 2024, Kiyosaki had mentioned several times that Bitcoin would reach $350,000 by 2025, but it would see at least $175,000 within this year.
At the same time, criticizing BlackRock CEO Larry Fink, he claimed that the company sold large amounts of Bitcoin to keep the Bitcoin price below $100,000 and thus 'opened the way for whales to buy more Bitcoin'.