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Economist Peter Schiff: Bitcoin may fall due to "Trump sell-off"

Economist Peter Schiff: Bitcoin may fall due to "Trump sell-off"

CointimeCointime2024/10/27 02:11
By:Cointime

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.

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