[ad_1] <br><div><figure class="caas-figure"><div class="caas-figure-with-pb" style="max-height: 400px"><div><div class="caas-img-container" style="padding-bottom:67%;"><img class="caas-img has-preview" alt="" src="https://s.yimg.com/ny/api/res/1.2/CfdHiLsPSUFKcn4PHiz2uw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--/https://media.zenfs.com/en/Benzinga/850a2051b98e4f601d33b34417465cc1"/></div></div></div></figure><p>Because the fallout from the collapse of Sam Bankman-Fried's blockchain empire FTX continues, buyers are cautious in regards to the battered cryptocurrency market. </p><p>The crypto trade has already seen the closure of main gamers, together with the <strong>Bitcoin </strong>(CRYPTO: BTC) bubble bursting.</p><p><strong>"Wealthy Dad, Poor Dad"</strong> creator <strong>Robert Kiyosaki</strong> has dropped phrases of warning about Bitcoin's efficiency within the current market situation.</p><p>In a latest tweet, Kiyosaki says he's not flipping Bitcoin by market cap as he's a long-term investor of BTC reasonably than a dealer.</p><p>He believes a brand new backside is coming for Bitcoin and might be as little as $10,000. He says if that occurs, he shall be enthusiastic about it reasonably than nervous.</p><p>Final month, Kiyosaki warned that the U.S. is heading towards an impending financial collapse. He mentioned in a tweet that amid a monetary meltdown, buyers may maintain their capital intact by loading up on gold, silver, and Bitcoin.</p><p><em>Additionally Learn: The Wolf Of Wall Avenue Says He Was Fallacious About Bitcoin: 'I Actually Hated Crypto'</em></p><p>Earlier, Kiyosaki mentioned he's bullish on Bitcoin as a result of state-sponsored pension funds are beginning to put money into BTC.</p><p><strong>"</strong>Why purchase gold, silver, Bitcoin? Financial institution of England pivot means to purchase extra GSBC. When pensions almost collapsed, it uncovered Central Banks couldn't repair...INFLATION. Pension have at all times invested in G&amp; S. Pension funds now investing in Bitcoin. They know Pretend $, shares &amp; bonds are toast," he mentioned in a tweet.</p><p>Throughout a Could interview, Kiyosaki mentioned that rising inflation, shortfalls in social safety, and healthcare funding are the important thing elements influencing the financial system.</p><p>He warned that the downturn goes to hammer an enormous variety of child boomers.</p><p>On the time of writing, Bitcoin was buying and selling at $16,622. A drop of 21% within the final seven days when the FTX fiasco unfolded. </p><p><em>Picture: Created with a picture from Gage Skidmore by way of </em><em>Wikimedia</em></p><p><strong>See extra from Benzinga</strong></p><p>Do not miss real-time alerts in your shares - be part of Benzinga Professional free of charge! Attempt the device that may allow you to make investments smarter, sooner, and higher.</p><p><i>© 2022 Benzinga.com. Benzinga doesn't present funding recommendation. All rights reserved.</i></p></div> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMiRmh0dHBzOi8vZmluYW5jZS55YWhvby5jb20vbmV3cy9yaWNoLWRhZC1wb29yLWRhZC1hdXRob3ItMTUwMTA5NjYyLmh0bWzSAU5odHRwczovL2ZpbmFuY2UueWFob28uY29tL2FtcGh0bWwvbmV3cy9yaWNoLWRhZC1wb29yLWRhZC1hdXRob3ItMTUwMTA5NjYyLmh0bWw?oc=5">Source link </a>