Famous Economist Warns That The Bitcoin Price Recovery Is A Dead Cat Bounce, What This Means
NegativeCryptocurrency

Famous Economist Warns That The Bitcoin Price Recovery Is A Dead Cat Bounce, What This Means
This weekend, the crypto market faced a significant crash, erasing over $19 billion in liquidations and driving Bitcoin's price down to $101,000. As the market tries to bounce back, renowned economist Peter Schiff, known for his skepticism towards Bitcoin, has raised concerns about the viability of this recovery, suggesting it may just be a temporary 'dead cat bounce.' This matters because it highlights ongoing doubts about Bitcoin's long-term stability and raises questions for investors about the future of cryptocurrency.
— via World Pulse Now AI Editorial System



![[LIVE]Crypto News Update: BTC Defends $100k, ETH Breaches $3,300 Support](https://dummyimage.com/600x400/1a4a3b/ffffff.png&text=World Pulse Now)



