Robert Kiyosaki Predicts $500K BTC Price as Hyperinflation Looms – Crypto News – Crypto News
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Robert Kiyosaki Predicts $500K BTC Price as Hyperinflation Looms – Crypto News

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Robert Kiyosaki, author of Rich Dad Poor Dad, has issued a strong warning about the state of the U.S. economy. Amid these concerns, Kiyosaki has predicted BTC price could surge to between $500,000 and $1 million amid Bitcoin setting a new all-time high today. Robert Kiyosaki Concerns Over U.S. Bond Auction Robert Kiyosaki’s recent comments were triggered by a U.S. Treasury bond auction held on May 20. The Rich Dad Poor Dad author stated that no buyers appeared at the auction and alleged the Federal Reserve had to purchase $50 billion worth of bonds itself. The U.S. Treasury Department, however, released data showing a bid-to-cover ratio of 2.97, with $212.58 billion in bids and $74.38 billion accepted. Only $4.38 billion was awarded to the Federal Reserve’s account, according to the official records. This suggests participation was higher than Kiyosaki implied. Despite this, Robert Kiyosaki warned that this event signals a… Read More at Coingape.com

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