Bitcoin ETFs To See 30% Gap Down From Jan Levels On Monday, Says Peter Schiff

WikiBit 2024-08-05 17:48

Amid the massive selloff in the Asia trading hours on Monday, August 5, the Bitcoin price has come c

Amid the massive selloff in the Asia trading hours on Monday, August 5, the Bitcoin price has come crashing down over 12% falling all the way to $54,000. The worries surrounding the US recession have skyrocketed once again with traders unwinding their positions in most of the risk assets. Popular economist Peter Schiff stated that Bitcoin ETFs could face a hard time in Mondays trading session.

Disclaimer：

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.