PakGazette – Bloomberg Senior ETF Analyst Eric Balchunas took to his social media account to reveal that 2025 has started quite well as it has outperformed many other assets.
Today, Balchunas tweeted that the world’s largest cryptocurrency in terms of market capitalization, Bitcoin, is among the best performers as 2025 has just begun. Digital gold is on this list along with gold miners, uranium, and psychedelics.
The worst performing countries so far, according to Balchunas’ tweet, include China, Treasuries and lithium.
Kiyosaki adjusts his Bitcoin prediction for 2025
Robert Kiyosaki, a prominent investor and entrepreneur, also known for his best-selling book “Rich Dad Poor Dad,” has made another Bitcoin price prediction for 2025. In fact, he has adjusted the Bitcoin price outlook that he had made earlier. , last December. year.
Twice in December, Kiyosaki tweeted that he expects the world’s pioneering cryptocurrency to reach $350,000 in 2025. The main reason for this, according to Kiyosaki’s expectations, was that the United States now has a pro-crypto president who during his election campaign He made a promise to embrace Bitcoin and cryptocurrencies, implement appropriate legislation for them, and even create a strategic Bitcoin reserve for the country during the next four years of his presidency.
Furthermore, throughout 2024 and before, Kiyosaki has often mentioned the rapid growth of the US national debt and excessive government spending, as well as the Federal Reserve printing billions of US dollars out of thin air, thus reducing the value of the US dollar as currency. currency and reducing its purchasing power.
After doubling down on his $350,000 prediction for Bitcoin in 2025, Kiyosaki posted a tweet on January 2 to slightly adjust his price outlook. This time, he tweeted that he expects the price of Bitcoin to rise to at least $175,000, but then perhaps extend its growth to the level he had previously mentioned: $350,000.
Bitcoin price action
When 2025 arrived, since January 1st, Bitcoin has seen an impressive 4.86% price increase. BTC has managed to recover from the local bottom of $93,000 and reclaim the price mark of around 97,600, where it is changing hands at the time of writing.
Many experts are placing bullish expectations and hopes on Bitcoin this year, hoping that it will reclaim $108,000 and rise higher.