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Peter Schiff Says Hard To See Rationale Of Trump's Crypto Reserve Move If Bitcoin Has Plunged 30% Since January, Critics Clap Back With 'Store Of Value' Narrative
Monday, March 10, 2025 - 10:51pm | 748On Monday, economist Peter Schiff questioned the U.S. government’s decision to hold Bitcoin (CRYPTO: BTC) as a reserve asset amid the apex cryptocurrency’s ongoing slump. What Happened: Schiff took to X to point out that Bitcoin’s market value has plunged 30% from its...
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Trump-Announced Strategic Bitcoin Reserve To Allow Buying Additional BTC? Peter Schiff Doesn't Think So But Here's What The Order Says
Thursday, March 6, 2025 - 11:55pm | 915President Donald Trump's executive order establishing a Strategic Bitcoin (CRYPTO: BTC) Reserve did not have the expected bullish impact on Thursday, as the leading cryptocurrency dropped on the announcement. What happened: The reserve will be capitalized with Bitcoin already owned by the federal...