‘Bubbles Are About To Start Busting’—Huge Price Swings Spark Fear Of A Stock Market And Bitcoin Crash

Key Points

1. Bitcoin's price hit an all-time high of $123,000 amid market volatility, but the market cap dropped nearly 4% in 24 hours, wiping $100 billion from the crypto market.

2. Analysts like Alex Kuptsikevich and Michael Kantrowitz highlight intensifying corrective sentiment and risks for higher beta, lower-quality stocks.

3. Robert Kiyosaki warns of bubbles about to burst, suggesting gold, silver, and bitcoin could also decline.

4. Some analysts believe crash fears may be overstated, noting the market's current 'fatigued' sentiment could precede a significant move.

5. U.S. President Donald Trump's latest trade tariffs, set to take effect August 1, have contributed to market uncertainty.