The king of crypto has done it again. Bitcoin smashed through $120,000 in July 2025, leaving skeptics speechless and early investors gloating. Not bad for a “worthless internet token,” right? The digital currency has doubled in value since September 2024, when it languished below $55,000. Talk about a comeback.
Rich Dad Poor Dad author Robert Kiyosaki is now warning investors against FOMO – fear of missing out. “People get stupid when money’s involved,” he told viewers yesterday.
Don’t let FOMO drive your decisions. The market gets greedy when your brain gets cloudy.
The warning comes as Bitcoin’s price chart resembles a rocket ship, practically vertical since December 2024 when it first cracked the $100,000 barrier.
The surge didn’t happen in a vacuum. January 2024’s Bitcoin ETF approvals opened floodgates for Wall Street money. Suits in boardrooms finally got their comfortable vehicle for exposure. Then a crypto-friendly president took office, and suddenly Bitcoin wasn’t so scary anymore. Funny how that works.
Volatility has actually decreased. Daily standard deviation sits around 2.1% in 2025, less than half what it was during the wild days of 2021. Bitcoin now moves more like tech stocks, with a +0.52 correlation. It’s also showing a +0.49 correlation with high-yield corporate bonds. Not exactly digital gold behavior. The decentralized ledger ensures continuous operation across thousands of computers worldwide, contributing to its stability.
Institutions keep piling in. They’re treating Bitcoin as both a risk-on asset and a hedge against macro instability. Bitcoin’s fixed supply of 21 million coins continues to drive scarcity value as institutional adoption increases. Major corporations hold it on their balance sheets now. Even grandparents are asking about it at Thanksgiving.
The road hasn’t been straight up. September 2024 saw prices dip under $55,000 before recovering. Market reactions to U.S. inflation data have triggered sharp swings. The Strategic Bitcoin Reserve announcement briefly tanked prices until policy clarified.
Network fundamentals remain strong. Transaction volumes and active addresses trend upward. Bitcoin maintains dominance over lesser cryptocurrencies during bull runs. This remarkable journey started from humble beginnings when Bitcoin took less than 4 years to reach its first $1,000 milestone.
Will prices keep climbing? Nobody knows. But one thing’s certain – Bitcoin isn’t just for crypto nerds anymore.