Skip to content
BitcoinBitcoin News

Peter Schiff Warns Bitcoin Could Hit $75K After BTC Fell Below $80K

By Kevin Helms

Peter Schiff sees $75K as bitcoin’s next likely stop after its drop below $80K. The warning follows his concerns about weakening technology stocks, extending his bearish outlook as cryptocurrency markets trade through the weekend. Peter Schiff Flags $75K After Bitcoin Breaks Below $80K Bitcoin could test $75,000 after…

Read Original Article

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 Bitcoin
Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

More about Cryptocurrency

More in Bitcoin

From the blog