Bitcoin’s value has plummeted below $80,000 amid a broader cryptocurrency market downturn. Financial expert Robert Kiyosaki views this as a result of systemic issues in the financial system rather than an indictment of Bitcoin itself. He warns about rising inflation and U.S. economic instability due to aggressive trade policies and high national debt, fueling uncertainty in the investment landscape.

Bitcoin has recently seen significant volatility, dropping below $80,000 and marking a dramatic decrease from its January peak of $109,114. As of February 28, 2025, the cryptocurrency trades at approximately ₹7,318,913 per coin. In light of this downturn, some experts are urging investors to consider buying during dips, as the underlying factors affecting Bitcoin’s price extend beyond the cryptocurrency itself.

Robert Kiyosaki, a noted financial educator, offered a critical perspective on the current financial landscape. He expressed his belief that the fundamental issue lies not with Bitcoin but rather with the monetary system and government spending, which he views as reckless. Kiyosaki remarked, “The problem is not BITCOIN. THE PROBLEM is our Monetary System and our criminal bankers.” He highlighted the alarming levels of debt in the United States, suggesting a systemic financial crisis could be imminent.

Kiyosaki also provided a cautionary note regarding U.S. bonds, warning that their value might diminish if major countries like Japan and China cease purchasing them. He asserted, “Our US Bonds are a joke,” indicating that the subsequent inflation could have dire consequences for the economy and the dollar’s stability. For Kiyosaki, Bitcoin represents a valuable hedge against economic instability, stating, “Bitcoin is money with integrity. Fake money is a thief.”

The broader cryptocurrency market has also been affected by the intertwined impacts of geopolitical factors, particularly U.S. trade policies. President Donald Trump is set to impose a 25% tariff on Canadian and Mexican imports along with a 10% tariff on Chinese goods, igniting concerns of economic strain. This context of heightened market instability has led to apprehensions regarding investments in riskier assets, including cryptocurrencies.

While Bitcoin’s volatility continues to generate debate among investors, its recent downturn underscores critical concerns about the stability of the global financial system. As economic policies evolve and the national debt continues to rise, these developments will significantly influence both digital and traditional asset markets in the coming months.

In summary, Bitcoin has experienced a substantial price decline recently, triggered by various economic factors and uncertainties. Experts like Robert Kiyosaki emphasize that the struggle lies within the broader financial system rather than the cryptocurrency itself. As market conditions evolve due to geopolitical events and national debt concerns, investors must navigate the complexities of both traditional and digital assets thoughtfully.

Original Source: m.economictimes.com

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