Peter Schiff sees the price of Bitcoin, the leading cryptocurrency, potentially collapsing to the $20,000 level
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The gold bug's recent comment came after the price of Bitcoin slipped to an intraday low of $60,065 after the seemingly underwhelming debut of cryptocurrency ETF in Hong Kong. Peter Brandt Predicts Bitcoin Bull Run Till 2025, Shiba Inu Team Gives Crucial Statement on ShibaSwap and Shibarium, Tesla to Spend $10 Billion on AI Training This Year: Crypto News Digest by U.Today
MicroStrategy, which first invested in Bitcoin back in 2020, saw its shares surging by an impressive 71% on a year-to-date basis. However, the stock is down 16% today due to the disappointing earnings report and Bitcoin's underperformance.
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