Peter Schiff: Bitcoin Is a Correlated Risk Asset Doomed to Crash Harder - Tekedia

Peter Schiff said Bitcoin is acting like a correlated risk asset, not a safe haven.

He warned BTC could drop sharply if speculative markets and other risk assets sell off.

Bitcoin is trading below recent highs as inflation, geopolitical tensions, and rate concerns weigh on sentiment.

The article also highlights scrutiny of Strategy’s large Bitcoin holdings and financing strategy.