Cryptocurrency critic Peter Schiff predicted an imminent drop in bitcoin prices, tweeting Schiff, “Until recently, the rally in highly speculative assets kept bitcoin out. Now that bitcoin has finally joined the party, perhaps is a sign that the party is coming to an end soon. Typically, the rally ends when the lowest quality stuff finally gets involved. There is nothing lower quality than cryptocurrencies."
In March, Peter Schiff called for selling bitcoin and buying gold as Silvergate bank struggled. In May, Schiff announced his own series of NFTs based on Bitcoin
In March, Peter Schiff called for selling bitcoin and buying gold as Silvergate bank struggled. In May, Schiff announced his own series of NFTs based on Bitcoin