Record $19,000,000,000 Inflows Explode Crypto Market: Report

Cryptocurrency analyst and trader Ali Martinez, known on the social media network X under the name @ali_charts, has publishes a graph that shows a cumulative gargantuan multi-billion inflows into the crypto market spotted during the past month.

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Crypto market absorbs $19 billion in inflows

According to the X post and the Glassnode chart published by Martinez, over the past thirty days, a jaw-dropping amount of $19,000,000,000 has entered the market in capital inflows. The chart tracks the Aggregate Market Realized Value Net Position Change index – this shows strong investor confidence that has been growing over the past month.

This has taken place as the world’s largest cryptocurrency, Bitcoin, has climbed and managed to recapture the $90,000 level, going up to $97,927 on May 2 last week. As early as on April 1-2, the inflows equated $8 billion, according to the Glassnode chart, while on the early days of May, they already surpassed $19 billion in total.

Historically, such tremendous capital inflows have led to significant Bitcoin price peaks. However, the current $19 billion inflows are much more than the market has absorbed recently and it has been likely driven by financial institutions.

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Robert Kiyosaki relies on Bitcoin in coming massive inflation

Prominent investor and Bitcoin proponent Robert Kiyosaki, also known as the author of the “Rich Dad Poor Dad” book on finance management, published a tweet this weekend, in which he issued a major warning about an approaching “biggest market crash in history.” He also revealed why he relies on Bitcoin in these circumstances.

The financial expert referred to his book “Rich Dad’s Forecast” published in the early 2000s, where he for the first time predicted the above-mentioned stock market crash in the near future. For this reason, he said, he has been purchasing physical gold and silver, and in recent years also Bitcoin.

He admitted his strong belief that these assets will protect his capital should massive inflation arrive. Kiyosaki expects this is likely to happen since if the market crashes, then the Fed Reserve and US Treasury will print trillions of US dollars, which he calls “fake money” since they are not backed by gold or anything else since 1971.

He also believes that by 2026, silver will skyrocket from $35 per ounce now to at least $70.