Peter Schiff on the Bitcoin Crash: "Get the Hell Out"
Challenged on why two or three down years would matter for Bitcoin when gold and the Nasdaq have had similar streaks before recoveries, Peter Schiff says the difference is the backdrop. When a market can't go up on the best news it has ever had, he argues, that normally indicates that it's going to go down. He calls…
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinAlso covered by
More in Finance
From the blog
Finchb Telegram Wallet Rewards Players with USDC and SOL for Flying
Finchb has launched Solana Bird, a game inside its Telegram wallet where players earn real USDC and SOL by flying…
Elara Winter4 min read
Analyst Predicts Major XRP Price Surge and Explains the Catalyst
Crypto analyst Bitcoin Boy (@btcbox123) has shared a long-term XRP chart that draws a direct comparison between current price action…
Elara Winter2 min read
Analyst Warns XRP Investors Are Becoming Prime Targets
Cryptocurrency commentator Austin Hilton warns that XRP holders are facing a massive wave of scams and impersonation attacks on social…
Elara Winter3 min read