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The entrepreneur and author of the bestselling book Rich Dad Poor Dad urged investors to invest in bitcoin, as soon the BRICS countries' own currency will put pressure on the US dollar. Robert Kiyosaki has repeatedly warned about the imminent collapse of the dollar and the entire American economy, calling for investing in gold and bitcoin. 

Cryptocurrency blogger and CNBC analyst Ran Neuner predicts that only five altcoins will be able to survive another bearish trend in the cryptocurrency market, and one of them is XRP.

EOS was trading at $0.7740 by 16:52 (13:52 GMT) on Saturday, up 10.38% on the day. It was the sharpest daily rise in cryptocurrency since June 30th.

After accelerating to a new yearly high of $31,415 on Friday, BTC corrected slightly over the weekend and remains under pressure on Monday morning as the cryptocurrency hit a recent low of $30,020.

XRP was trading at $0.46669 at 23:50 (20:50 GMT) on Wednesday, down 10.56% on the day. This was the most significant drop in the value of the cryptocurrency since November 9, 2022.

The Ethereum price has slipped by 0.3% in the past 24 hours, while keeping to the $1,800 support level it has held for several months now.

The price of bitcoin has risen to $28,000 after trading below this mark for the majority of May.

The USDT stablecoin issuer, Tether, has announced regular investments in the first cryptocurrency since May 2023.

Starting this month, Tether will regularly allocate up to 15% of its net realized operating profits towards purchasing Bitcoin. These Bitcoin shall be considered on top of the minimum reserves assets that 100% back tether tokens.

The Ethereum Foundation developers have released a software update for Prysm and Teku clients to prevent further network outages.

According to analysts, the Bitcoin price rally may be just beginning. On Sunday, the price of bitcoin was $29,000, several pips below the important $30,000 resistance point and slightly below the all-year high of $31,000, writes Invezz.