Peter Schiff Reignites Bitcoin Criticism, Calls 21M Supply Arbitrary

Bitcoin critic Peter Schiff has sparked a debate on X by calling the 21 million BTC BTC - $118143.619 supply cap arbitrary. He raised questions about Bitcoin's scarcity amid the recent rally to an ATH ATH - $0.033165455794084 of $118K, claiming that its perceived value is based more on public belief than actual scarcity, triggering a wave of responses across the

Source: coingape.com

Related symbols: BTCUSD

2025-07-12 17:15:04 GMT.

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Price & Market Data

Price: $118143.619

Volume 24h: $50,984,525,843.34

Market Cap: $2,350,417,440,135.67

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,894,578. The last known price of Bitcoin is 118,060.15750708 USD and is up 0.49 over the last 24 hours. It is currently trading on 12261 active market(s) with $50,280,028,524.55 traded over the last 24 hours. More information can be found at https://bitcoin.org/.

Price & Market Data

Price: $0.033165455794084

Volume 24h: $19,083,061.29

Market Cap: $352,847,870.46

Description

Aethir (ATH) is a cryptocurrency launched in 2024and operates on the Ethereum platform. Aethir has a current supply of 42,000,000,000 with 3,780,000,000 in circulation. The last known price of Aethir is 0.07340854 USD and is down -11.49 over the last 24 hours. It is currently trading on 20 active market(s) with $261,592,368.80 traded over the last 24 hours. More information can be found at https://www.aethir.com/.