Bitcoin's Fate Hangs in the Balance: Peter Schiff Warns of Market Collapse with Spot ETF Approval
Gold advocate Peter Schiff warns of a potential BTC market collapse if the SEC approves a spot Bitcoin ETF. Matrixpoint predicts a delay until Q2 2024, citing Democrats' influence on SEC commissioners. Market sentiment shifts from optimism to skepticism, and analyst Eric Balchunas sees a slim chance of approval, raising concerns about a possible "rug pull of a decade." Uncertainty prevails as the crypto community awaits the SEC's decision.
Bernice
