The cryptocurrency market showed bearish momentum today. Bitcoin Price fell below $95,086.72, and major altcoins saw a 4% to 5% decline. The global crypto market cap decreased 1.18% and reached $3.28 trillion. The fear and greed index fell from 59 to 54 and showed a neutral sentiment. Notably, Movement (MOVE) ‘s price dropped by 20%, and Hyperliquid (HYPE) followed with a 19% crash.
Bitcoin (BTC) is the first digital coin and number one in the global market. It recently reached an all-time high of $108453 and fell 8.23% over the seven days. Currently, the rate of BTC has declined 0.50% and is trading at $95,866.28. On the hourly chart, the price of BTC is near the local resistance level of $95,847.60.
The Bitcoin spot ETF had a net inflow of US$449 million from December 16 to December 20 last week, and BlackRock ETF IBIT had a weekly net inflow of US$1.45 billion, according to sosovalue. The total net assets of the BTC ETF were up 5.75% and reached $109.72 billion. The leading coin’s total market cap approaches $1.89 trillion, a drop of 0.80%.
Bitcoin: Better Than the Dollar
Robert Kiyosaki, the author of Rich Dad Poor Dad, warned about a possible economic depression. In a recent post on X, he said the global market crash he predicted has already begun. This comes as the crypto market faces huge ups and downs, raising questions about Bitcoin’s future.
Robert Kiyosaki, lover and supporter of Bitcoin, recently warned in a post on X about an upcoming economic depression. He said a global market crash has already started, with major problems hitting Europe, China, and the U.S.
In his post, Kiyosaki warned people to be careful, protect their money, and keep their jobs. He said, “Global crash has started. Europe, China, USA going down. Depression ahead?” He highlighted the importance of gold, silver, and Bitcoin, adding, “Crashes can be the best chance for some to get rich.” He said recently in his post Bitcoin is better than dollar to invest.
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