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Market Cap
24h Vol
13284
Cryptocurrencies
62.39%
Bitcoin Share
Coin Edition 2025-04-11 08:02:24

Peter Schiff: Bitcoin ‘Born From’ 2008 Crisis; 2025 Crisis ‘Will Kill It’

Peter Schiff: Bitcoin ‘Born From’ 2008 Crisis; 2025 Crisis ‘Will Kill It’

Schiff frames BTC as speculative asset doomed by next crisis, ignores BTC evolution Insight: “Doomed bubble” narrative clashes with Bitcoin’s monetary tool reality Core disconnect: Schiff’s critique vs. Bitcoin’s real-world use expansion Bitcoin’s status as a hedge against economic trouble is challenged again by Peter Schiff. Posting on X, Schiff stated: “ Bitcoin was born out of the financial crisis of 2008. Ironically, the financial crisis of 2025 will kill it. ” Bitcoin was born out of the financial crisis of 2008. Ironically, the financial crisis of 2025 will kill it. — Peter Schiff (@PeterSchiff) April 10, 2025 This strong claim comes as Bitcoin wades through unsteady politics and bearish technicals. Bitcoin Rebounds on Tariff Delay, But Do Technicals Look Bearish? After dipping below $75,000 earlier this week in response to US tariff threats, BTC rebounded, now trading nearabout $81,300 . The rebound came after Trump delayed tariffs for 90 days (excluding China)—easing market worries for now. Still, some question if the rally can last. Analyst Ali Martinez points to several bearish indicators on the daily chart. He notes that a dea… The post Peter Schiff: Bitcoin ‘Born From’ 2008 Crisis; 2025 Crisis ‘Will Kill It’ appeared first on Coin Edition .

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Market Cap
24h Vol
62.39%
Bitcoin Share
176
Today News
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