Crypto News

Let's take a closer look at the current situation and what Schiff had to say. Ethereum's Downturn: What's Happening? ETH, the second-largest cryptocurrency by market capitalization, has been experiencing a downward trend over the past few days, dropping from its all-time high of $4,362 to a low of $3,600. This decline has been attributed to a combination of factors, including profit-taking by traders and the overall bearish sentiment in the crypto market. Peter Schiff's Prediction: Bearish Outlook for ETH In a recent tweet, Peter Schiff predicted that Ethereum's price could drop as low as $1,000 in the near future. This came as no surprise, as Schiff has been a vocal critic of cryptocurrencies and has consistently projected a bearish outlook for them. He has often referred to Bitcoin and Ethereum as "worthless" and "pump and dump" schemes. The Impact of Schiff's Comments While Schiff's prediction may have caused some panic among ET...