Overview
- On November 1, Kiyosaki posted on X in all caps that a “MASSIVE CRASH” was beginning, warning “millions will be wiped out” and urging investors to own silver, gold, Bitcoin and Ethereum.
- He offered no timeline or mechanism for the downturn, and the claim was not independently verified in the reports.
- Bitcoin traded near $110,000 and Ethereum around $3,853 after a pullback tied to signals of fewer Fed rate cuts in 2025, with both showing month-over-month declines.
- The post drew broad online attention, with skeptics noting his many past crash calls and some commentators citing historical patterns of rate cuts preceding major selloffs in 2000, 2007 and 2020.
- Kiyosaki has promoted crypto alongside metals, saying he holds several million dollars in bitcoin and predicting the coin could reach $200,000.