Bitcoin News
By Pankaj K
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Schiff Predicts Bitcoin and Ethereum Will Face Steeper Declines. Posting on X (formerly Twitter) on October 11, Schiff highlighted that Bitcoin had fallen below…
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Gold and Silver Hit Record Highs Amid Crypto Weakness. While cryptocurrencies have been struggling, Schiff pointed out that gold and silver are surging.
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Crypto Community Pushes Back on Schiff’s Claims. Despite Schiff’s warnings, many in the crypto community remain confident in the long-term…
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Analysts Cite Market Structure and Liquidity Factors. Market observers suggest that the current downturn may be driven more by liquidity issues and…
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Schiff’s Long History of Crypto Skepticism. Peter Schiff, CEO of Euro Pacific Asset Management, has been one of Bitcoin’s most vocal…
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Bitcoin and Ethereum Maintain Long-Term Relevance. While Schiff’s warnings add to the current bearish sentiment, most analysts agree that Bitcoin and…
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Economist and long-time crypto critic Peter Schiff has renewed his bearish stance on digital assets, predicting that Bitcoin could slide to $75,000 and that Ethereum may face…
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Posting on X (formerly Twitter) on October 11, Schiff highlighted that Bitcoin had fallen below $110,000, while Ethereum slipped under $3,700, suggesting that both may have more…
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“Crypto carnage continues,” Schiff wrote, warning that if Ethereum breaks below $3,350, it could plunge toward $1,500, marking a nearly 70% decline from its all-time high.
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In a separate post on October 10, Schiff urged investors to exit the market altogether, stating:
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“As bad as Bitcoin looks, Ethereum looks even worse… Get out now.”
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He later followed up with an even more direct statement:
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“Bitcoin is crashing… It still has a long way down to fall.”
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According to Schiff, these moves highlight a growing preference among investors for tangible assets that act as hedges against inflation and economic uncertainty.
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“Gold’s strength amid the crypto selloff is proof that real money doesn’t need hype or volatility to maintain its worth,” Schiff said in his latest post.
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