Economist Peter Schiff: Bitcoin may fall due to "Trump's sell-off wave"
Economist Peter Schiff pointed out that as Trump's approval rating rises, Bitcoin has not followed the rise of other Trump-related assets. The reason may be that speculators have bought in advance, leading to weakened demand.
He predicts that Bitcoin may face a "Trump sell-off wave", and believes that under inflationary pressure, the hedging advantage of gold is more prominent and is entering a bull market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: In the past 24 hours, CEX saw a net outflow of 19,541.03 BTC
The altcoin season index remains at a low level, currently at 22.
By the end of December, approximately 1.5 million ETH will be unstaked.
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