Robert Kiyosaki Sells Bitcoin and Gold as Crypto Market Loses $750B

Core Insights - Veteran trader Robert Kiyosaki has sold portions of his Bitcoin and gold holdings despite previous bullish predictions, as Bitcoin's price approaches $64,000 [1][2] - Kiyosaki has paused further purchases of gold and Bitcoin, intending to wait for lower price levels before re-entering the market [2] - Concerns about the US economy are highlighted, with national debt surpassing $38 trillion, and criticism directed at the Federal Reserve and political leaders [3] Market Impact - The broader crypto market has experienced a significant downturn, losing approximately $750 billion in market capitalization, with Bitcoin declining 22% to around $64,500 [4] - The recent correction in US tech stocks has negatively affected various asset classes, including cryptocurrencies, which lost over $300 billion in just 24 hours [5] - Liquidations in the crypto market have surged to $2.6 billion, with long positions losing more than $2.17 billion, primarily driven by Bitcoin's price decline [6]