Peter Schiff Slams Trump’s Bitcoin Reserve Plan After 12% Loss

Quick Summary:

Bitcoin critic Peter Schiff has once again taken a jab at Trump’s US Bitcoin Reserve plan as BTC price slumped recently amid a broader crypto market crash.

Simultaneously, he reiterated his view on how the US could have made profits if they had sold BTC to buy gold under the new administration.

Schiff said even a 50% market drop might not be enough to reflect the true scale of the crisis.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: IndiaChina

Topics: 24/7 Cryptocurrency News Peter Schiff Peter Schiff Bitcoin US Bitcoin Reserve US recession

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 12:20:01 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 496 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27726473

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 21 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions