Bitcoin and the crypto market face skepticism from Peter Schiff amid potential crash risks.

From Investing.com: 2024-06-17 15:30:22

Bitcoin and the crypto market face skepticism from critic Peter Schiff, who questions the stability and potential crash risks. Despite 11 spot Bitcoin ETFs buying, BTC is 11% below March high. Schiff speculates on hedge funds’ role and warns of a potential domino effect involving MicroStrategy if BTC crashes due to selling pressure.

Read more at Investing.com: Bitcoin and MicroStrategy on Brink of Collapse? Peter Schiff Sounds Alarm By U.Today