Cardano

Bitcoin

Coin

<ul class="news-points wp-block-list" "wp-block-list"> 
 <li>Bitcoin surges alongside other crypto assets after the recent decline.</li> 
 <li>Critic Peter Schiff calls for profiting taking, anticipating another Bitcoin dump.</li> 
 <li>Crypto community members disagree with Schiff’s recommendation.</li> 
</ul> 
Bitcoin and other major cryptocurrencies, including Ethereum, Solana, and Cardano, are rebounding after the recent market dip, prompting a heated debate among investors and analysts about the sustainability of this rally and its underlying causes. 
As of press time, Bitcoin is trading at <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow">$60,711.40</a>, a 5.95% increase in the last 24 hours. Ethereum is trading at <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="nofollow">$2,668.80</a>, a 10.42% increase, while Solana, XRP, and Cardano are <a href="https://coinmarketcap.com/" target="_blank" rel="nofollow">currently priced at</a> $158.02, $0.6028, and $0.3468, respectively. 
Peter Schiff, a well-known critic of cryptocurrencies, recently took to X to make a remark on the ongoing pump. He suggested that the recent rise in Bitcoin’s value might be linked to a “vague promise” from Donald Trump’s political camp about an upcoming major pro-crypto announcement.&nbsp; 
As a result, Schiff advised investors to sell Bitcoin into the rally and capitalize on recent gains. His recommendation hints at skepticism about the sustainability o…
The post <a href="https://coinedition.com/bitcoin-critic-peter-schiff-says-take-profit-now-as-btc-rallies/">Bitcoin Critic Peter Schiff Says Take Profit Now as BTC Rallies</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin Critic Peter Schiff Says Take Profit Now as BTC Rallies

Coin Edition

Other articles published on Aug 9, 2024

Tether set to double workforce by mid-2025

Solana Memecoin New Pepe Will Explode 16,000% Before Exchange Listings Amid Crypto Decline

Stock Market: Nasdaq Crashes, Fear Index Soars

Price analysis 8/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Shiba Inu (SHIB) Anjlok 21 Persen: Aktivitas Whale Turun Drastis

Ripple Settles SEC Fine: $125 Million to Be Paid in 30 Days

Join our free newsletter for daily crypto updates!