<div id="readability-page-1">Peter Schiff, long-time gold advocate and crypto skeptic, has reignited bearish sentiment in digital assets with a new forecast predicting steep declines for both Bitcoin and Ethereum. The crypto market saw over $19 billion of leveraged positions liquidated within 24 hours starting Friday, October 10, marking the largest liquidation event in the market. The capitulation […]</div>

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<p>Peter Schiff, a prominent gold advocate, has expressed a bearish outlook on cryptocurrencies, predicting Bitcoin could drop to $75,000 and Ethereum to $1,500. This comes after a significant liquidation event in the crypto market, where over $19 billion in leveraged positions were liquidated within 24 hours starting October 10, marking the largest such event to date.</p>

Gold bull Peter Schiff warns Bitcoin could sink to $75K, Ether to $1,500 amid crypto rout