Why Bitcoin (BTC) and the Crypto Market Are Down – Robert Kiyosaki Warns of a Historic Market Crash
Bitcoin and the crypto market are taking a hit lately, with BTC dipping below $77,000 in just the last day. Investors are feeling the heat as wild price swings, shaky finances, and a growing sense of unease push people to sell.
Robert Kiyosaki, the guy behind Rich Dad’s Prophecy, isn’t mincing words—he’s calling this a potential disaster, comparing it to the infamous 1929 stock market crash. Meanwhile, market watchers are pointing to a flood of money leaving the space, forced sell-offs, and a general drop in enthusiasm as the main culprits.
Over the past week, Bitcoin has slid 7.90%, dropping from $83,550 to $76,905, according to Coinpedia’s numbers. At press time, BTC price sits at $80,214.10. They’re blaming the drop on a mix of economic jitters and worries about a U.S. recession, especially after some recent comments from Donald Trump stirred the pot.
On top of that, the broader financial world is sitting on $1.3 billion in options contracts tied to Bitcoin prices between $70,000 and $75,000. If BTC can’t hang onto its key support levels, analysts say those bets could drag it down even further.
According to Coinpedia, in the last 24 hours alone, liquidations have reached $315.56 million, indicating a high level of leveraged trading activity. Furthermore, Bitcoin ETFs saw $189 million in capital outflows, reflecting declining investor confidence.
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Robert Kiyosaki’s Market Crash Warning
Kiyosaki has reaffirmed his long-held belief that a historic collapse of the financial markets is imminent. He pointed out that the United States, Japan, and Germany, which have been the engines of world expansion, are currently experiencing economic instability as a result of incompetent leadership.
“The Everything Bubble is bursting,” Kiyosaki stated, warning that the current downturn could surpass the 1929 crash. He advised investors to maintain composure and seize undervalued assets despite his pessimistic prognosis. He made it clear that he intends to buy more Bitcoin, gold, silver, and real estate when prices decline.
Tokyo, posting as @DefiTokyo, dissects a broader collapse. Crypto and the S&P 500 lost $5.5 trillion in two months. The S&P 500 shed $4.5 trillion since February 20, averaging $350 billion daily. The Nasdaq nears a bear market, just 8% away. Tokyo pins this on a sudden drop in risk appetite, not just trade wars.
Institutions exited tech stocks early, Tokyo reveals. Hedge funds cut Magnificent 7 exposure to a 22-month low by early 2025. Meanwhile, retail investors chased crypto highs. Ethereum saw historic short positions on February 9. Yet, crypto still lost $1 trillion despite bullish news like the U.S. Bitcoin Reserve.
Read also: We Asked AI to Predict Bittensor (TAO) Price If Bitcoin Dips to $70K
Crypto and Stocks Bleed Outflows
Fear now dominates, Tokyo states. Crypto’s Fear & Greed Index hit 17, down from 92 last year. Last week, crypto funds lost $2.6 billion—a record. Stocks followed suit with $3.5 billion exiting small-cap funds. Mid-cap funds lost $2.1 billion, and sectoral funds dropped $4.5 billion, including $1.9 billion from tech.
All in all, analyst Tokyo sees sentiment, not fundamentals, driving markets. Big swings signal rapid risk shifts. Coinpedia agrees, noting Bitcoin’s fate hinges on holding key levels. But Kiyosaki doesn’t lose sight of the big picture.
Kiyosaki is still upbeat about long-term prospects in Bitcoin and other assets, even in light of the current dip. As prices level out, he counsels investors to remain composed and search for purchasing opportunities.
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