#BTCBreaksATH110K Kiyosaki named a strong reason for the rise of Bitcoin's price to $1 million. Writer Robert Kiyosaki, who promotes financial literacy among people, named a strong reason for the rise of Bitcoin's price to $1 million.
Since April 10, a bullish trend has dominated the BTC market, during which the coin's price increased by 49% and reached a new historical maximum of $111,911 on May 22. However, Kiyosaki is confident that the upward trend will continue, and the value of BTC will rise to unprecedented levels. Most likely, Kiyosaki wrote about the situation that occurred not on May 20, but last week, when the U.S. government purchased government bonds worth up to $43.6 billion. According to Robert, the lack of demand for securities from investors underscores the inadequacy of the depreciating fiat currency, and the constant money issuance fuels inflation.