Bitcoin’s price is falling, but Robert Kiyosaki isn’t worried. In fact, he’s buying more.
In a recent X post, Robert Kiyosaki
Meanwhile, Bitcoin’s price is on the move, and U.S. states are making bold moves in the crypto space. Here’s what’s happening.
Kiyosaki’s stance received mixed reactions. One X user suggested Litecoin as a better investment, calling it “digital silver.” This was notable since Kiyosaki has previously expressed a strong preference for physical silver, particularly coins. Another user argued that Bitcoin has a major flaw—its value is still tied to the U.S. dollar, which Kiyosaki has often criticized.
Bitcoin has dropped 4.25% in the past 24 hours, now trading at $96,145 after briefly touching $100,000 following a weaker-than-expected non-farm payrolls report.
Despite the dip, Kiyosaki remains bullish. On February 3, as Bitcoin fell from $98,000 to $92,200, he took to X, calling it a buying opportunity. He believes Bitcoin, silver, and gold are now “on sale” and sees the price drop as a chance to accumulate more.
In a historic step, Utah became the first U.S. state to pass a bill allowing public funds to be invested in crypto. Now, Kentucky and Maryland are following suit. While the push for a Bitcoin strategic reserve is mostly led by Republicans at the federal level, individual states are shaping their own investment plans.
This week, Maryland introduced a bill to create a Bitcoin strategic reserve, similar to a proposal by Senator Cynthia Lummis. It would be funded through gambling violation enforcement revenue.
Meanwhile, Kentucky proposed two bills allowing state retirement funds to be invested in digital asset exchange-traded funds (ETFs).
Kiyosaki is doubling down, states are stepping up, and the crypto market keeps evolving. Good times ahead!
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