Analysis Crypto by Thebittimes.Com

The author of Rich Dad Poor Dad ,  Robert Kiyosaki, is no stranger to dire predictions. On April 4, 2025, he took to X to warn of “the biggest stock market crash in history” and declared that the U.S. was already in recession and likely heading into a depression.  I SHOULD NOT SAY THIS….because it’s not COOL….to say….I TOLD YOU SO…. Yet I did tell you so. In my book RICH DAD’s PROPHECY I warned the biggest stock market crash in history was going to wipe out the financial security of millions of investors….especially my generation….… — Robert Kiyosaki (@theRealKiyosaki) April 4, 2025 His warning, in line with decades of bearish outlooks, emphasized that traditional Wall Street assets like stocks, bonds, and mutual funds were about to wipe out millions of investors, particularly Baby Boomers who, he said, were “running out of runway.” At the time of his post, the S&P 500 stood at 5,074 points, reflecting a sharp pullback from its early-year levels. Yet, con...

The banking crisis in the U.S. has led to aggressive buying in Bitcoin and select altcoins, which are nearing stiff overhead resistance levels. Three banks, Silvergate, Silicon Valley Bank and Signature collapsed within a span of a few days. That increased demand for United States government bonds, which sent the yield on the 2-year Treasury tumbling to 4.06%, a fall of 100 basis points since March 8. This was the largest 3-day decline since Oct. 22, 1987, following the stock market crash, when the yield fell 117 points. Although the Federal Reserve announced the formation of a $25 billion Bank Term Funding Program to support businesses and households, the regional banks are taking it on their chin on March 13. This shows that equities traders remain nervous. Daily cryptocurrency market performance. Source: Coin360 However, among all the mayhem, it is an encouraging sign to see Bitcoin (BTC) lead the cryptocurrency recovery from the front. Bitcoin climbed back above $24,000 on March ...