Robert Kiyosaki Warns: Stock Market Crash Could Fuel Bitcoin Surge

Robert Kiyosaki, the author of Rich Dad Poor Dad, has issued a warning about a looming stock market crash and its potential impact on investments. In a post on X, Kiyosaki stated that the “indicators of a stock market crash are going off.” Although he did not specifically name these signs, he emphasized that “the crash will be massive.”

In the past, these indicators have often included “geopolitical tensions, rising interest rates and high debts.” According to Kiyosaki, “most of these signs are unfolding in the U.S. and globally,” raising the possibility of a significant drop in the value of stocks.

He believes that during such a crash, investors will turn to safehaven assets. “These preferred assets include gold, silver and Bitcoin,” which, he noted, “have been known to gain value during market crashes” as investors seek protection from “inflation and market instability.”

Warning to Baby Boomers with 401(k) Plans

Kiyosaki expressed concern for investors whose retirement plans are tied entirely to stocks. “Bad news for Baby Boomers with 401 k,” he wrote. Many older investors “consider stocks a safer bet and have most of their wealth in stocks,” but Kiyosaki warns that “if a crash happens, these categories of investors could suffer huge losses as the value of the account drops sharply.”

Robert Kiyosaki

Bitcoin Nears New All Time High Amid Uncertainty

As of press time, “Bitcoin is trading at $121,352.37, up by 3.02% in the last 24 hours.” The coin is “just 1.25% away from flipping the all time high of $123,091” it reached less than a month ago.

In earlier trading, “it hit a peak of $122,321.10 before a slight correction.” Market activity has been strong as “investors are also active as they anticipate U.S. Fed rate cuts,” a sentiment that has “helped push volume up by a significant 25.49% at $76.63 billion.

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