Peter Schiff urges investors to sell bitcoin and buy gold
- —Schiff: "I don't know what's holding bitcoin up"
- —Called on investors to sell BTC and buy gold before a market crash
- —Flagged inflation and rising Treasury yields as key risks
- —Gave no specific price target or timeline for a decline
Why it matters: The comments reflect bearish sentiment among part of the market amid macro pressure, but offer no new data and are unlikely to move prices.
Source: Blockmedia