Tag: macroeconomic

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Crypto News: Robert Kiyosaki Warns Against Bitcoin & Ethereum Selling

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The post Crypto News: Robert Kiyosaki Warns Against Bitcoin & Ethereum Selling appeared com. In the latest crypto news, Rich Dad Poor Dad author Robert Kiyosaki has once again made headlines with his recent post on Bitcoin and Ethereum. This also comes as the Bitcoin USD and Ethereum (ETH) prices continue to stay in the red, with BTC falling to as low as $94,000 this week. However, Robert Kiyosaki has urged investors not to panic. In a lengthy message shared on X, the Rich Dad Poor Dad writer explained why he refuses to sell his Bitcoin and Ethereum holdings despite the ongoing market correction. Kiyosaki, known for his bold macroeconomic views, framed the current downturn not as a reason to exit but as a signal of deeper financial stress brewing across global markets. Robert Kiyosaki Hints at Global Market Crash Robert Kiyosaki has continued to make headlines in the crypto news column, with his recent hints towards a broader crypto market crash. In a recent X post, the Rich Dad Poor Dad author started with acknowledging the sharp drop in Bitcoin USD price, calling it part of a broader “everything bubble” that is now bursting. While many investors are fleeing to the safety of cash, he made it clear that he is not selling any of his crypto assets, especially Bitcoin and Ethereum. He said he is choosing to wait because he believes the heart of the global selloff lies in one issue, i. e., the world needs cash. According to him, people are selling assets because they personally need liquidity, not because the assets themselves have lost long-term value. Since he does not need cash urgently, he sees no reason to sell Bitcoin or Ethereum during a panic-driven environment. Crypto News: Kiyosaki Remains Bullish on BTC & Ethereum A key part of Kiyosaki’s stance revolves around what he calls “The Big Print.” This comes.

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How Will Bitcoin (BTC) Perform in November After October’s Disappointment? Will the Expected Rally Happen? Bitfinex Analysts Explain!

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The post How Will Bitcoin and altcoins experienced a major crash on October 11th, with Bitcoin closing the month down 3. 6%, according to Coinglass data. While hopes remain for November, known as another bullish month, Bitfinex analysts analyzed that November may not be a savior for Bitcoin either. Bitcoin could break out of its historically strong price gains from November and instead move sideways, Bitfinex analysts said in their latest report. At this point, Bitfinex analysts said that considering the current macroeconomic environment, the Fed’s uncertain monetary policy, and weakening investor confidence, Bitcoin is more likely to move sideways in the short term in November. Analysts at Bitfinex stated that $116,000 is very important for Bitcoin, adding that if BTC does not rise above $116,000, even the bulls may run out of patience, and if this level is broken, it could initiate a renewed upward trend. “Even Bitcoin bulls will become increasingly impatient if the $116,000 level cannot be recaptured. “Long-term investors are selling, and if the price fails to decisively break out of this range, this level will become an increasing hurdle for the bulls.” Bitfinex recently added that although the overall outlook is neutral and sideways, Bitcoin could rise again. At this point, analysts believe that more moderate inflation data or a dovish message from the Fed could quickly shift market sentiment to positive. Similarly, news of ETF approvals or increased institutional interest could spark a new wave of optimism and bullishness in the market. A potential improvement in global liquidity could also lead to a positive trend in Bitcoin’s price, analysts said. However, without such catalysts, Bitcoin is likely to consolidate, he said. *This is not investment advice. account now for exclusive.
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