Robert Kiyosaki, author of Rich Dad Poor Dad, has issued a strong warning about the state of the U.S. economy. Amid these concerns, Kiyosaki has predicted BTC price could surge to between $500,000 and $1 million amid Bitcoin setting a new all-time high today. Robert Kiyosaki Concerns Over U.S. Bond Auction Robert Kiyosaki’s recent comments were triggered by a U.S. Treasury bond auction held on May 20. The Rich Dad Poor Dad author stated that no buyers appeared at the auction and alleged the Federal Reserve had to purchase $50 billion worth of bonds itself. The U.S. Treasury Department, however, released data showing a bid-to-cover ratio of 2.97, with $212.58 billion in bids and $74.38 billion accepted. Only $4.38 billion was awarded to the Federal Reserve’s account, according to the official records. This suggests participation was higher than Kiyosaki implied. Despite this, Robert Kiyosaki warned that this event signals a… Read More at Coingape.com
The crypto market has closed yet another week, keeping traders and investors cautious with sluggish price performances. Bitcoin (BTC) price held the $83K level with no major gains in the past seven days. Whereas, Ethereum (ETH), Solana (SOL), and XRP prices mimicked a sluggish action.
Notably, the latest announcement by Donald Trump about reciprocal tariffs has rattled global markets, with even risk assets encountering some macro heat. Mentioned below are some of the top market updates reported by CoinGape Media over the past week.
Crypto Market Faces Macroeconomic Pressure
This week saw a couple of concerning macro developments that sparked a cautious sentiment among traders and investors. CoinGape reported that the manufacturing PMI and JOLTS data came in weaker than expected this week.
The March PMI data dropped to 49, below expectations of 49.5 and lower than the 50 recorded in February. Also, the U.S. JOLTS job openings for February stood at 7.568 million, coming short of the expected 7.690 million and lower than the 7.762 million recorded in January. This macro data pointed toward a bearish outlook for the broader market.
In turn, even the crypto market saw a stalled movement, with Bitcoin & Ether prices negating any major gains over the past seven days. In addition, Donald Trump’s Liberation Day, which is the tagline for his proposed reciprocal tariffs on other countries, has added to the pressure on broader markets.
Bitcoin, Ether, & Other Coin Prices Over The Week
BTC price witnessed a marginal 0.5% jump in the past seven days and closed in at the $83K level. In the past 7 days, the flagship crypto stooped as low as $81K whilst also touching a $87K high.
ETH price saw a drop of nearly 2% weekly and exchanged hands at the $1,800 level. Ethereum hit a bottom of $1,700 whilst also nearing a high of $2,000 this week
SOL price fell by roughly 5% over the week to reach $120. The crypto’s weekly high and low was $135 and $112, respectively.
XRP price mimicked the broader crypto market trend, dipping over 2% in seven days to $2.13. Ripple’s coin is consolidating despite speculations of an imminent settlement of the lawsuit against the U.S. SEC.
The cryptocurrency market is monitoring the upcoming Federal Open Market Committee (FOMC) meeting, which is set to conclude on March 19, 2025. Investors are awaiting the Federal Reserve’s stance on interest rates, as any adjustments could influence the crypto market.
Federal Reserve Expected to Hold Interest Rates Steady
The Federal Reserve is widely expected to maintain the current interest rate range between 4.25% and 4.5% after its March meeting. Despite ongoing speculation about potential cuts, Federal Reserve Chair Jerome Powell has consistently indicated caution in adjusting rates. Powell points to inflation concerns and global economic uncertainties.
Some economists suggest that rate cuts may not occur until later in the year. Consequently, Fed rate cuts are projected around June 2025, as inflation remains a focal point of monetary decisions. Powell’s post-meeting press conference at 2:30 p.m. ET is expected to provide further insight into the Fed’s future approach.
With the Federal Reserve’s FOMC meeting expected to conclude tomorrow, crypto investors remain on edge about interest rate decisions. While market analysts predict that rates will stay unchanged, uncertainty surrounding inflation, trade policies, and economic growth continues to fuel volatility.
Crypto Market To Crash?
Bitcoin (BTC) has been fluctuating around $85K as the crypto market is in a volatile phase before the FOMC announcement. Many traders believe a crypto market crash could follow if the Fed signals a prolonged period of high interest rates.
Specifically, higher interest rates usually benefit more traditional types of investments such as bonds and savings accounts. As a result of this, capital is leaked from riskier assets such as cryptocurrencies. Conversely, rate cuts can boost liquidity and drive more money into speculative assets, including Bitcoin and altcoins.
But the Fed has stayed hawkish for a while, keeping rates higher, in order to curb inflation.Under these conditions, the crypto market is struggling, and a lot of investors are expecting relief from rate cuts in 2025.While inflation seems to be cooling, with the U.S CPI falling from 3.1% to 2.8%, this may not be enough to stop the Fed easing its policy.
Incase the Federal Reserve signals that rate cuts are approaching, a surge in altcoin prices could follow. This is because increased liquidity would likely encourage higher risk appetite among traders.
However, if the central bank keeps rates high for an extended period, crypto markets may decline. Tightening financial conditions could drive further losses.
With investors awaiting Powell’s remarks, the next 24 hours could determine whether the market stabilizes or experiences a crypto market crash.
Nexo in US:- The digital asset and crypto lending focused firm, Nexo, has re-entered US market. In a latest update coming from an exclusive event, the firm is making its re-entry into the market it left in 2022.
Nexo co-founder and CEO Antoni Trenchev announced, “America is Back – and so is Nexo”.
This return comes amid the developing pro-crypto regulatory environment in the US. The new SEC Chair Paul Altkins have taken the lead. As he discusses clear regulations for the crypto industry, the crypto market is expecting bullish sentiments ahead.
What Nexo re-entry means for US users
According to the announcement on X, Nexo will offer its full suite of digital-asset banking products to US users, including:
1. Instant Crypto Credit Lines – This will allow users in US to borrow against BTC, ETH and 100+ other tokens. They can borrow at industry-leading rates ( 2.9% APR) without selling their assets.
2. Flexible & Fixed-Term Savings: Nexo also provides high-yield crypto savings accounts. Its flexible savings plans can offer up to 14% annual yield with daily payouts and no lock-ups.
This will allow US customers to earn daily yields on crypto and stablecoins.
3. Personal USD Accounts: It allows users to top up, hold and withdraw U.S. dollars directly in your name.
4. Crypto-Backed Loans: The critical business operation of Nexo. Users in US market will be able to access liquidity on demand by its platform. However, the laon can only be given after keeping their crypto holdings as collateral.
It also has its own Web3 wallet and its venture arm, Nexo Ventures. The venture arm is a dedicated $150 million in-house investment fund providing support to DeFi, blockchain gaming, and NFT projects in the Web3 ecosystem.
Entry Amid Market Rebound And Top Diplomatic Support
Nexo’s re-entry announcement in the US market gains more strategic significance as it was unveiled in the presence of top diplomatic circles. In the recently concluded exclusive event, co-founder of Nexo, Antoni Trenchev, was present with Donald Trump Jr., and Israel’s Minister of Innovation ans Science, Gila Gamliel.
US President Trump declared in the event, “We see the opportunity for the financial sector and want to ensure we bring that back to the U.S..”
This suggests that UK-based crypto lender Nexo enjoys high-level connections in White House circles. This is an advantage that could serve it well as it expands into the U.S. market.
In 2022, Nexo stepped out of the US market amid clashes with the regulators. The doomed year for crypto lenders saw many such firms quitting or filing for bankruptcy.
However, now there is an evident rebound in the market. According to DeFillama data, total value locked in crypto-backed lending has climbed past $15 billion in April 2025. This is up by 53.1% – from $9.8 billion at the end of Q4 2024 to present $15 billion. This underscores renewed borrowing activity as rates become more competitive with traditional credit lines
In fact, in the last 24-hours, DeFi lending protocols have added $2.3 billion in TVL with 6% bump. Active loans are rising by $700 million – reflecting traders’ growing appetite for on-chain credit.
Crypto Lending Market TVL as of April 25
In the broader market itself, there is a bullish sentiment. BTC Price has surged past $95K and ETH is trading around $1,808 as of writing.
