Bitcoin Critic Calls ‘Institutional Demand’ A Myth Following Recent Price Slump
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Renowned Bitcoin critic Peter Schiff has rejected the notion of growing institutional demand for Bitcoin after a significant price slump attributed to mass sell-offs by the German and US governments and Mt. Gox. Schiff argues that genuine institutional interest would have stabilized or increased prices despite these sales. Contrary to Schiff’s views, crypto analyst Rekt Capital suggests a potential rebound for Bitcoin, highlighting a possible price rise if current trading patterns persist.
Source: www.newsbtc.com ↗
