Rich Dad Poor Dad author Robert Kiyosaki warns about FOMO (Fear Of Missing Out) as Bitcoin enters the 'banana zone'. Kiyosaki, who bought Bitcoin at $110,000, advises investors to be cautious and not get carried away by market enthusiasm.
A spokesperson for India's ruling party has proposed creating a strategic Bitcoin reserve for India, following the example of the US. This move comes as the US has already converted seized Bitcoin into a sovereign reserve, sparking global interest and discussions about using cryptocurrencies as part of national economic strategies.
Bitcoin price surged to $108K, marking a strong recovery. The rise was fueled by retail FOMO and a bullish technical breakout. Analysts caution about potential short-term corrections but remain generally bullish on Bitcoin.
