According to PANews on August 26, economist Peter Schiff tweeted that Bitcoin's price has fallen below $109,000, a 13% drop from its high two weeks ago. He stated that despite market hype and corporate buying, Bitcoin's weakness warrants attention, predicting a potential drop to around $75,000, slightly below MicroStrategy's average cost.According to PANews on August 26, economist Peter Schiff tweeted that Bitcoin's price has fallen below $109,000, a 13% drop from its high two weeks ago. He stated that despite market hype and corporate buying, Bitcoin's weakness warrants attention, predicting a potential drop to around $75,000, slightly below MicroStrategy's average cost.

Peter Schiff: Bitcoin may fall further to $75,000, slightly below MicroStrategy's average cost price

2025/08/26 11:23

According to PANews on August 26, economist Peter Schiff tweeted that Bitcoin's price has fallen below $109,000, a 13% drop from its high two weeks ago. He stated that despite market hype and corporate buying, Bitcoin's weakness warrants attention, predicting a potential drop to around $75,000, slightly below MicroStrategy's average cost.

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