Close Menu
    What's Hot

    Ethereum Rises 6.5% in the Last 24 Hours, Surpassing $3,800: Reasons Explained

    Aug. 7, 2025

    Co-Founder of Tornado Cash Convicted for Operating an Unlicensed Money Transmission Service

    Aug. 7, 2025

    Three Cryptocurrencies Demonstrating Bullish Momentum Due to Exchange Listings and Hype

    Aug. 7, 2025
    Facebook X (Twitter) Instagram
    X (Twitter) Telegram
    Chain Tech CatcherChain Tech Catcher
    Subscribe
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano
    • All Posts
    Chain Tech CatcherChain Tech Catcher
    Home ยป Peter Schiff Cryptocurrency Currently in Bear Market
    Bitcoin

    Peter Schiff Cryptocurrency Currently in Bear Market

    By adminJun. 25, 2024No Comments1 Min Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Peter Schiff Cryptocurrency Currently in Bear Market
    Peter Schiff Cryptocurrency Currently in Bear Market
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Famous Bitcoin commentator Peter Schiff claimed on social media X that the largest cryptocurrency is now in a “bear market.” With a sharp drop to $58,890 on May 24, the price of Bitcoin is at its lowest since May 2. Last week has been challenging for leading cryptocurrencies, with massive outflows from the US spot exchange-traded fund (ETF) and other recent negative factors such as macroeconomic uncertainty.

    Sales by the German government.

    Read more:


    Bitcoin ETF outflows for 7 consecutive days

    On Monday, when Mt. Gox, the famous cryptocurrency exchange, announced that payments will begin in July after being hacked in 2014. Schiff expects the price of Bitcoin to drop “much more” and even before Mt. Gox repays assets owed to users.

    Despite a drop of over 20% from historical highs, Schiff believes that the price adjustment is far from over. “The bear is still young,” he pointed out.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleCan Approval of Ethereum Spot ETF Boost Prices
    Next Article Cryptocurrency Expert Issues Bitcoin Price Crash Warning

    Related Posts

    Bitcoin Market Shows Signs of Cooling in Week 32 as Liquidity Diminishes and Sellers Lose Momentum

    Aug. 6, 2025

    Robert Kiyosaki Anticipates Bitcoin “August Curse” to Cause a Drop Below $90,000

    Aug. 5, 2025

    James Howells Refuses to Abandon $915M Lost Bitcoin, Alters Approach to Tokenized Ownership

    Aug. 5, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 20259 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views

    Cardano ADA Moves Towards 060 Resistance Level

    Aug. 1, 20226 Views
    Don't Miss

    Ethereum Rises 6.5% in the Last 24 Hours, Surpassing $3,800: Reasons Explained

    Altcoin Aug. 7, 2025

    Ethereum Surges Amid Institutional DemandEthereum surged 6.63% in the past 24 hours breaking above $…

    Co-Founder of Tornado Cash Convicted for Operating an Unlicensed Money Transmission Service

    Aug. 7, 2025

    Three Cryptocurrencies Demonstrating Bullish Momentum Due to Exchange Listings and Hype

    Aug. 7, 2025

    Dogecoin Price Forecast: Analysts Anticipate Bullish Momentum Despite Short-term Correction Risks

    Aug. 7, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us
    About Us

    Keep up with blockchain through Chain Tech Catcher. Gain insights on crypto, DApps, & innovations. Stay informed in this evolving landscape!

    X (Twitter) Telegram
    Most Popular

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 20259 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views

    Cardano ADA Moves Towards 060 Resistance Level

    Aug. 1, 20226 Views
    © 2025 Chain Tech Catcher All rights reserved.
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano

    Type above and press Enter to search. Press Esc to cancel.