Edward Snowden and Robert Kiyosaki Fascinated by Bitcoin's Price Surge During Super Bowl

Edward Snowden and Robert Kiyosaki, two prominent figures, have recently expressed their fascination with the surge in Bitcoin's price. While the Super Bowl captured the attention of the nation, Snowden and Kiyosaki were focused on the Bitcoin chart.

Snowden's Tweet

Edward Snowden took to Twitter to share his interest in Bitcoin's price movement. In a tweet, he mentioned that while everyone else was watching the Super Bowl, he was closely monitoring the Bitcoin chart.

"everybody watching the #SuperBowl and here i am watching the bitcoin chart" - Edward Snowden (@Snowden)

Bitcoin's Price Surge

Bitcoin has experienced a significant surge in its price over the past week. It has risen by 13.25%, reaching a level above $48,000. Within the last 24 hours, Bitcoin's surge constituted 2%, followed by a slight decline of 1.09%. At the time of writing, Bitcoin is being traded at around $48,100.

Reasons for Bitcoin's Breakthrough

There are several factors contributing to Bitcoin's rise above the $48,000 mark. Firstly, Bitcoin ETF issuers continue to acquire BTC, while the selling pressure from Grayscale appears to be diminishing. Additionally, the narrative around Bitcoin's layer-2 solutions is gaining strength, as more people in the cryptocurrency space recognize its potential beyond being a store of value. Lastly, venture capitalists are investing heavily in Bitcoin-based projects, leading to a significant influx of funds.

Kiyosaki's Endorsement

Robert Kiyosaki, the renowned financial guru and author of "Rich Dad Poor Dad," has also expressed his support for Bitcoin. In a tweet, he drew parallels between the current state of the American Empire and the decline of the Roman Empire. Kiyosaki emphasized the growing national debt of the U.S., which currently stands at approximately $34 trillion. He urged his followers to bet on Bitcoin rather than the Super Bowl, likening the Super Bowl to the entertainment provided by gladiators in ancient Rome.

Conclusion

Edward Snowden and Robert Kiyosaki's interest in Bitcoin's price surge during the Super Bowl highlights the growing significance of cryptocurrency in the financial world. As Bitcoin continues to break new records, it is becoming increasingly clear that it is more than just a speculative asset. Investors and enthusiasts alike are recognizing its potential as a store of value and a solution to the challenges faced by traditional financial systems.