Bitcoin.com

Schiff Dismisses Bitcoin’s $72k Surge as Treasury-Fueled Fakeout

Schiff Dismisses Bitcoin’s $72k Surge as Treasury-Fueled FakeoutWorldPing

Peter Schiff, a known bitcoin critic, argued that the bitcoin rally was fake, a result of investors rushing to position liquidity as the Treasury buybacks announcement caught markets by surprise.

This is a short WorldPing brief. The full report was published by Bitcoin.com.

Read the full report at Bitcoin.com

Related news

Bitcoin, Ether ETFs Pull In $706 Million as Crypto Demand SurgesWorldPing
Bitcoin.com

Bitcoin, Ether ETFs Pull In $706 Million as Crypto Demand Surges

U.S. spot bitcoin ETFs drew $517.19 million on Wednesday, their strongest daily inflow since May 4, as bitcoin climbed above $70,000. Ether funds also surged with $189.15 million in net inflows, while XRP and solana ETFs finished higher.

Brief by WorldPing · Original reporting by Bitcoin.com