Veteran economist #PeterSchiff took to X (formerly Twitter) to declare that-

“#Bitcoin was born out of the financial crisis of 2008. Ironically, the financial crisis of 2025 will kill it.”

Schiff’s warning arrives as markets worldwide face severe volatility following the April 7 equity crash—dubbed “Black Monday”—and the U.S. President’s surprise 90‑day tariff pause.

He lambasted Bitcoin’s collapse—down over 27% from January—and criticised the newly formed U.S. Strategic Bitcoin Reserve, which has lost more than 12% since its March 6 launch, arguing that selling those holdings for gold would have yielded a 2% gain.

Schiff contrasted Bitcoin’s decline with gold’s rally, noting bullion surged above $3,175 on April 9, up $90 that day alone.

Anyways,

#DYOR always, because those type of news rumored every time, whenever Bitcoin price goes down and declined for Uptrends.