Peter Schiff Warns Bitcoin Crash Looms Due to Hedge Fund Tactics Affecting MicroStrategy

Peter Schiff has expressed serious concerns about potential market instability driven by hedge fund activities involving Bitcoin and MicroStrategy. Despite continuous purchases from Bitcoin ETFs, the cryptocurrency’s price has seen minimal movement, indicating possible market manipulation. Schiff suggests that hedge funds are buying Bitcoin not to hold, but to short-sell MicroStrategy’s stocks, causing further market

Source: CoinOtag