Overview
- In a Nov. 1 post on X, Kiyosaki said a “massive crash” is beginning and claimed “millions will be wiped out,” advising investors to hold gold, silver, Bitcoin and Ethereum.
- He offered no timeline or mechanism for the predicted downturn, and outlets reporting the post noted they could not independently verify the claim.
- Bitcoin is trading around $110,000 with a roughly 7% monthly decline, while Ethereum shows a small daily gain but a double‑digit drop over the past month.
- Coverage emphasizes Kiyosaki’s long history of similar crash calls that have not resulted in a sustained market collapse.
- Analysts cited context such as October’s tariff‑linked crypto sell‑off and a view that rate cuts have preceded past crashes, contributing to renewed debate over risk.