Overview
- On November 1, Robert Kiyosaki posted on X that a “MASSIVE CRASH” is beginning and urged investors to protect themselves with silver, gold, Bitcoin and Ethereum.
- Bitcoin hovered near $110,000 and Ethereum around $3,876 in recent trading, showing small daily gains after a pullback over the past month.
- Institutional appetite remains strong with Bitcoin ETFs taking in about $202 million on October 28 and cumulative inflows topping $62 billion, while Ethereum ETFs also saw sizable net buys.
- Kiyosaki’s latest alarm drew wide online reaction, with supporters favoring hard assets and critics noting his long record of unfulfilled crash calls.
- Market context includes a recent dip after Fed Chair Jerome Powell signaled fewer 2025 rate cuts, and an IMF report highlighting rising financial vulnerabilities from tariffs, debt and growth in nonbank finance.