Peter Schiff Warns Bitcoin Price May Face Prolonged Decline

Bitcoin price discussions are once again heating up after outspoken gold advocate and longtime crypto critic Peter Schiff issued a fresh warning, claiming BTC BTC - $88017.529 may never recover from its current slump. Schiff argues that Bitcoins underperformance compared to gold and silver, both of which recently surged to record highs, exposes what he sees as the fundamental weakness of the cryptocurrency market.

Source: tokenpost.com

Related symbols: BTCUSD

2025-12-24 05:43:04 GMT.

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Price & Market Data

Price: $88017.529

Volume 24h: $19,008,338,653.21

Market Cap: $1,757,446,528,303.80

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 19,966,868. The last known price of Bitcoin is 87,463.59576879 USD and is up 0.74 over the last 24 hours. It is currently trading on 12504 active market(s) with $21,857,882,190.97 traded over the last 24 hours. More information can be found at https://bitcoin.org/.