News

Bitcoin’s Rally Stalls After Nearing the Historic $100,000 Level

(Bloomberg) -- Bitcoin steadied after a rally toward $100,000 fizzled just shy of the historic level, as traders assess whether optimism stemming from President-elect Donald Trump’s support for crypto is becoming stretched.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5 Bill

Robert Kiyosaki: 'Trump Will Make America Richer Again By Being The First Bitcoin President'

Investor and author Robert Kiyosaki has criticized the U.S. Federal Reserve and commended Michael Saylor, co-founder and executive chairman of MicroStrategy Inc. for his aggressive Bitcoin acquisition strategy. What Happened: Kiyosaki, known for his pro-cryptocurrency stance, took to social media X to voice his skepticism about the Fed's policies and inflation management. Don't Miss: ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Y