Eye-popping crypto market surge reported as inflows reach a staggering $19,000,000,000, new data shows.
Headline: Massive $19 B Crypto Inflows, Robert Kiyosaki's Bitcoin Reliance in Light of Incoming Inflation
Grab a seat, folks! Famed crypto analyst Ali Martinez, who's know as @ali_charts on X, has spilled the beans about a mind-boggling, multi-billion dollar influx into the crypto market. Over the past month, a whopping $19,000,000,000 has flooded the market, according to Martinez's X post and Glassnode chart. This tidal wave of funds underscores a burgeoning confidence among investors as they throw their dollars into the crypto realm.
Let's Dive Deeper:
The Glassnode chart tracks the Aggregate Market Realized Value Net Position Change index, which reveals investor confidence has been steadily growing. This capital influx comes at a time when Bitcoin has reclaimed the $90,000 level, skyrocketing to $97,927 on May 2nd last week. Previously, in April, these inflows equated to $8 billion, but in early May, they surpassed $19 billion.
Tremendous capital inflows in the past have often led to massive Bitcoin price peaks. However, this $19 billion influx is far greater than the market has absorbed recently, which suggests a more active role from financial institutions.
Rich Dad, Poor Dad and Bitcoin's Powerful Armor
Meanwhile, prominent investor and Bitcoin advocate Robert Kiyosaki — the author of "Rich Dad Poor Dad" — took to Twitter to issue a grim warning about the upcoming "biggest market crash in history." Needless to say, he pegs his faith in Bitcoin to let his cash weather the storm.
In his book "Rich Dad's Forecast" penned in the early 2000s, Kiyosaki foresaw a coming market crash. Since then, he's been loading up on physical gold, silver, and, more recently, Bitcoin. He firmly believes that these assets will act as a bulletproof vest protecting his capital during the onslaught of massive inflation.
The Federal Reserve and U.S. Treasury printing trillions of unbacked dollars is a major concern for Kiyosaki. He contends that by 2026, silver will soar from $35 an ounce at present to at least $70. So, buckle up, folks. It seems the crypto and precious metals markets are gearing up for a wild ride! 🚀🌟🚀💼💰🤑 #Bitcoin #Cryptocurrency #Investment #UncensoredAssistant #RadicalFinance #InflationHedge #SwaggySilver #WelcomeToTheNewEconomy
- Despite the ominous prediction of a potential market crash by Robert Kiyosaki, he remains confident in Bitcoin as a means to protect his capital during inflating times.
- Ali Martinez, known as @ali_charts on X, has revealed a staggering $19 billion inflow into the crypto market over the past month, as per his X post and Glassnode chart.
- This enormous influx to the crypto market indicates growing confidence among investors, as they increasingly turn to cryptocurrencies for investment, despite the volatile nature of the market.
- The crypto trading landscape, driven by these large inflows, appears to be capturing more interest from financial institutions, hinting at a more active role from these institutions.
- In light of the Fed's ongoing printing of trillions of unbacked dollars, Kiyosaki sees the potential for silver prices to skyrocket from $35 an ounce to at least $70 by 2026, which emphasizes the possible appeal of precious metals as an investment option.
- As the crypto market continues to experience massive inflows, both Bitcoin and cryptocurrencies appear set to ride the wave of technological innovation and finance, making them promising assets for potential investors willing to take on the risks and benefits of this burgeoning industry.
