Economist Peter Schiff: Bitcoin may fall due to "Trump sell-off"
economist Peter Schiff pointed out that as Trump's approval ratings rise, Bitcoin has not followed the rise of other Trump-related assets, possibly due to speculators having purchased in advance, leading to weakened demand. He predicts that Bitcoin may face a "Trump sell-off" and believes that under inflationary pressure, the safe-haven advantages of gold are more prominent and entering a bull market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ChatGPT Predicts When XRP Price Will Hit $10
Momentum That Triggered a 7000% Run for Shiba Inu (SHIB) in 2021 Reappears, But This Time for a Rival Token