Peter Schiff questions Bitcoin ETF demand and $100K BTC price target

Schiff cited a downturn in the price of Bitcoin-linked equity markets without specifying a time frame for his shared data.

In an April 16 X post, Schiff cited the bearish performance of some of the key Bitcoin-related equity markets, such as Coinbase, MicroStrategy, Galaxy Digital and a few other crypto-linked stocks.Schiff said Coinbase is down 21%, Galaxy Digital is down 26%, MicroStrategy is down 33%, and several Bitcoin mining stocks are down double digits.

Only in the past week have many of these stocks recorded a downturn due to bearish momentum in the crypto market.ETH price nears 3-year lows vs. Bitcoin — Will an Ethereum ETF stem the tide?

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