TLDR
- Robert Kiyosaki reiterates his warning of a major market crash, urging investors to dispose of stocks.
- The author sets a price target for Bitcoin of $250,000 and a surprising target of $60,000 for Ethereum.
- If fulfilled, the predictions would imply ETH surpassing BTC as the top cryptocurrency by market cap.
Robert Kiyosaki, author of the bestseller “Rich Dad, Poor Dad,” has predicted an imminent market crash that will affect numerous financial sectors. In response, he has outlined his hedging strategy, which includes accumulating hard assets and setting bold predictions for his two preferred cryptocurrencies.
Kiyosaki has long been a proponent of gold and silver, and recently added Ethereum to a portfolio that already included Bitcoin. His first choice as a hedge remains gold, for which he adopts a target of $27,000 per ounce, a figure proposed by analyst Jim Rickards.
This contrasts sharply with the metal’s current price, which closed Friday at $4,000 per ounce. For silver, Kiyosaki (who revealed he owns mines for both metals) set a target of $100 by 2026.
Kiyosaki’s Bold BTC and ETH Price Targets
Regarding cryptocurrencies, the investor seems to believe that Ethereum has significantly more room for growth than Bitcoin. Kiyosaki’s BTC and ETH price targets are notably optimistic but vary in magnitude.
For Bitcoin (BTC), he sets a goal of $250,000. Based on current levels, this would require an approximate increase of 150%. However, his prediction for Ethereum (ETH) is much more aggressive. With ETH currently trading around $3,500, Kiyosaki projects a price target of $60,000, which would represent an astonishing growth of over 1,600%.
A fascinating aspect of these Kiyosaki’s BTC and ETH price targets is their implication for the market rankings. If both predictions were to materialize, Ethereum’s market capitalization would soar above $7.2 trillion, while Bitcoin’s would be around $5 trillion. In this scenario, Ethereum would become the number one digital asset by market capitalization, surpassing Bitcoin.
