Financial author and investor Robert Kiyosaki urges investors to seize the moment as Bitcoin (BTC) plummets following US President Donald Trump’s newly imposed tariffs.

Bitcoin’s latest drop caused massive liquidations across the crypto market, marking a new historic crash.

Robert Kiyosaki Urges Investors to Buy Bitcoin Now

The renowned author of Rich Dad Poor Dad took to social media to express his views. He called the current market drop an excellent opportunity for those looking to build wealth.

“Brutal crash here now. The stock, bond, real estate, gold, silver, and Bitcoin markets are crashing. The best assets in the world are going on sale. Millions will lose their jobs. This is the best time to get rich. Do not be a loser. Stay cool. Take care,” Kiyosaki stated in the post.

Indeed, Bitcoin fell as much as 4.3% between Sunday and the early hours of the Asian session on Monday. It dropped below $93,000 for the first time in three weeks. BeInCrypto data shows BTC was trading for $95,810 as of this writing, a modest recovery since the Monday session opened.

Meanwhile, this sharp downturn is largely attributed to US President Donald Trump’s new trade tariffs, announced over the weekend. The administration imposed a 25% levy on imports from Canada and Mexico and a 10% tariff on Chinese goods. This caused widespread panic in financial markets, with crypto liquidations reaching above $2 billion on Monday.

“Trump’s tariff war is impacting the whole market. Concerns about trade wars and stagflation, triggering recessions, are cascading across altcoins and Bitcoin,” BTC Markets CEO Caroline Bowler told Bloomberg.

The tariffs have set the stage for what could be a prolonged trade war, with Canada, Mexico, and China all expected to retaliate. As a result, investors appear to be fleeing high-risk assets, including Bitcoin and crypto in general.

Market analysts warn that these tariffs will affect approximately $1.3 trillion of US trade, potentially significantly increasing costs for American consumers and businesses.

“The trade war is live: New tariffs from President Trump are set to impact $1.3 trillion worth of US trade. The US stock market has lost over -$1.5 trillion of market cap with ~43% of all US imports soon subject to tariffs,” capital market writer Kobeissi Letter observed.

Despite the widespread market turmoil, Kiyosaki remains bullish on Bitcoin and other assets. He has consistently warned of a market selloff, and as BeInCrypto reported recently, he predicted that Bitcoin would fall in tandem with the stock market downturn.

He believes that downturns like these create wealth-building opportunities for those prepared to invest when prices are low. Kiyosaki’s investment philosophy, which emphasizes buying assets during periods of fear and selling during euphoria, aligns with his latest advice to investors.

El Salvador has once again increased its Bitcoin reserves, thereby expanding its ambitious strategy of incorporating cryptocurrency into its national economy. The country’s total Bitcoin holdings have increased by five, bringing the total to an estimated 6,055 BTC, which is worth over $600 million at current prices.

El Salvador: An Expanding Bitcoin Strategy

The government is moving faster now in buying Bitcoin compared to before, when it only bought one Bitcoin each day. El Salvador has bought more than 50 BTC in the last month, showing a stronger effort to increase its digital currency holdings.

El Salvador Bitcoin Holdings. Source: Bitcoin Office

This happened right after the government made a $1.4 billion deal with the International Monetary Fund (IMF). The agreement stated that Bitcoin payments should be optional and that the government should have limited participation in the cryptocurrency area. The government is still committed to growing its Bitcoin holdings, no matter the situation.

Bitcoin Purchases Continue Post-IMF Agreement

El Salvador demonstrated its commitment to maintaining an active presence in the cryptocurrency market by promptly purchasing 11 BTC, which is worth over $1 million, subsequent to the IMF agreement. This action is indicative of the nation’s assurance in Bitcoin as a long-term asset, despite the pressures of external financial markets and policy constraints.

El Salvador Bitcoin Holdings. Source: Bitcoin Office

President Nayib Bukele strongly supports Bitcoin and has always encouraged its use in the country. His government strongly believes that Bitcoin can help protect against inflation and serve as a good alternative to regular banks.

Mixed Reactions From The Global Community

Global financial institutions and economic experts have different views on El Salvador’s Bitcoin policy. Some people praise the country for leading the way in adopting Bitcoin, while others warn about market volatility and regulatory hurdles.

Bitcoin’s influence on financial stability has been a subject of concern for the IMF and other international organizations. Nevertheless, the Salvadoran government appears to be unwavering in its commitment to the potential advantages of crypto integration, including economic diversification and increased financial inclusion.

What Lies Ahead For El Salvador’s Bitcoin Experiment

El Salvador continues its Bitcoin adventure, but its long-term success is doubtful. Are the nation’s large crypto investments economically beneficial or will market volatility cause financial instability? The result depends on time.

For now, El Salvador is stepping up its Bitcoin efforts, showing its commitment to digital assets despite external challenges. In the growing world of cryptocurrencies, the next few years will determine whether this ambitious strategy will be a cautionary tale or a model for other governments.

Featured image from Fortune, chart from TradingView

The market for cryptocurrencies is under heavy stress. Slipping below the $100,000 level, Bitcoin has been battered by economic uncertainty brought on by US President Donald Trump’s new wave of tariffs. Investors are now on edge, observing anxiously as global markets respond to the rising trade tensions.

Tariffs Spark Market Anxiety

Financial markets have been rocked by Trump’s move to levy a 25% tariff on imports from Canada and Mexico as well as a 10% tariff on Chinese goods. Already, impacted nations have responded with quick retaliations that raise the possibility of a full-fledged trade war. Apart from a rise in crude oil prices, the reaction of the equities market has been severe, with a clear drop in US stock futures.

Bitcoin Drops To $93k Level

Even Bitcoin, which is frequently regarded as a hedge against more conventional market volatility, was not exempt. The biggest cryptocurrency fell to its lowest point in three weeks, at almost $93,500. As investors pulled back in reaction to the mounting uncertainty, other significant digital currencies, like Ethereum, also saw significant declines.

Cryptocurrency Sell-Off Picks Up Speed

Bitcoin’s price drop has accelerated as economic uncertainty increases. Long-term holders are cutting back on their holdings, according to Glassnode data, which points to a change in sentiment. The market is becoming more cautious and fearful as analysts warn that more declines may be imminent.

BTCUSD trading at $93,900 on the daily chart: TradingView.com

Bitcoin investors are closely monitoring the $90,000 support level, with concerns that a significant drop below it could push prices toward $80,000. Currently, Bitcoin is down about 15% from its January 20 record high of $109,350. However, experienced traders view such corrections as normal in bull markets, where pullbacks of around 30% have been common.

The decline isn’t making everyone freak out, though. Robert Kiyosaki, renowned investor and financial author, sees it as a purchasing opportunity:

TRUMP TARRIFS BEGIN: Gold, silver, Bitcoin may crash. GOOD. Will buy more after prices crash. Real problem is DEBT….which will only get worse. CRASHES mean assets are on sale. Time to get richer.

— Robert Kiyosaki (@theRealKiyosaki) January 31, 2025

The World Prepares For More Volatility

The overall financial landscape feels the crunch. The most recently imposed tariffs have put further pressure on supply chains, resulting in the worst fear of increased inflation and an economic slowdown. Given the cautious stance of the Federal Reserve with monetary policy, investors are put at risk of intense volatility in the weeks ahead.

Canada and Mexico have already announced countermeasures to Trump’s tariffs, and China has hinted at possible economic retaliation. Market experts believe that if the tensions continue to escalate, risk assets, including Bitcoin, may see further declines before stabilizing.

Featured image from Gemini Imagen, chart from TradingView