BTC Price Rally Allures ETF Investors, Peter Schiff Warns of Imminent Downturn
In an unexpected twist, Peter Schiff, a prominent skeptic of cryptocurrencies, recently expressed his belief that Bitcoin’s recent surge in price is merely a strategic maneuver to attract ETF investors. While acknowledging the ongoing rally, Schiff remains cautious and predicts an eventual decline in BTC’s value. This statement from a crypto critic like Schiff has resulted in investors contemplating the inherent volatility of the cryptocurrency market as a whole.