Crypto Market Sees $19 Billion Inflows Amid Bitcoin Surge

Crypto Market Sees Historic $19 Billion Inflows

The cryptocurrency market has experienced a significant surge in capital inflows, with a staggering $19 billion entering the space over the past 30 days. According to data from Glassnode, this influx has been driven by growing investor confidence, as tracked by the Aggregate Market Realized Value Net Position Change index. This metric highlights the strong positive sentiment among investors.

Bitcoin, the world's largest cryptocurrency, has benefited from this trend, recently surpassing the $90,000 mark and peaking at $97,927 on May 2. The inflows have been particularly pronounced, with $8 billion entering the market in early April and the total reaching $19 billion by early May. Historically, such large capital injections have preceded significant price rallies for Bitcoin, suggesting a bullish outlook.

Robert Kiyosaki Warns of Market Crash, Bets on Bitcoin

Renowned investor and author Robert Kiyosaki has sounded the alarm on what he calls the "biggest market crash in history." Kiyosaki, known for his book Rich Dad Poor Dad, has been preparing for this event by investing in physical gold, silver, and Bitcoin, which he believes will act as a hedge against inflation.

Kiyosaki predicts that in the event of a market crash, the Federal Reserve and U.S. Treasury will print trillions of dollars, further devaluing the currency. He refers to this as "fake money" since it is not backed by gold or other tangible assets, a situation that has persisted since 1971.

The financial expert also shared a bullish outlook on silver, forecasting that its price could soar from $35 per ounce to at least $70 by 2026. Kiyosaki believes that assets like Bitcoin, gold, and silver will serve as a safeguard against the impending economic turmoil.

This surge in crypto inflows and Kiyosaki's warnings underscore the growing divide between traditional financial markets and decentralized assets like Bitcoin, as investors seek alternatives to mitigate risk in uncertain times.