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Peter Schiff Predicts Bitcoin ETF Bubble Expects BTC to Crash When Gold Breaks Out

Peter Schiff Predicts Bitcoin ETF Bubble Expects BTC to Crash When Gold Breaks Out
© Copyright Image: Crypto Breaking News

Gold advocate and vocal bitcoin critic Peter Schiff has warned of a bubble in bitcoin exchange-traded funds (ETFs) that will burst when gold rallies. Schiff argues that gold will inevitably break out, and the price of bitcoin will crash as investors withdraw from bitcoin ETFs. Bitcoin has basically become a bet against gold, he stressed. [] Source: Bitcoin.com

The post Peter Schiff Predicts Bitcoin ETF Bubble Expects BTC to Crash When Gold Breaks Out appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/peter-schiff-predicts-bitcoin-etf-bubble-expects-btc-to-crash-when-gold-breaks-out/

Text source: Crypto Breaking News

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Fri, 01 Mar 2024
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