Economist and gold enthusiast Peter Schiff has warned that bitcoin has re-entered official bear market territory, falling more than 20% from its all-time high. But in terms of gold prices, the bear market is more ferocious, with bitcoin now down more than 30% in gold prices. The bear market is still young. Watch out below.
On Monday, Mt. Gox announced that it will start issuing bitcoins in July. The gold advocate also warned that Mt. Gox creditors will have an impact when they receive bitcoins. Schiff believes: Mt. Gox bitcoins have not even been returned. But it will start in July. Therefore, the price of bitcoin could drop significantly before Mt. Gox bitcoins actually start to enter the market.
Peter Schiff: Bitcoin Will Fall Further Before Mt Gox Payments
2024-06-25 23:51:08
Economist economist gold lover goodie peter schiff warning bitcoindesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Peter Schiff：比特币在Mt Gox支付前将进一步下跌Next article：
整理：美国现货比特币ETF资金流一览
