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flag Bitcoin surpasses $126K but economist Peter Schiff calls it a temporary rally, not a sign of lasting recovery.

flag Economist Peter Schiff labeled Bitcoin's surge past $126,000 a "bear market rally," not a sign of lasting recovery, noting it remains 15% below its peak when measured against gold. flag He warned against premature celebration, stressing the rally lacks fundamental strength and reflects ongoing market volatility rather than sustained confidence. flag Schiff’s skepticism underscores broader concerns about cryptocurrency’s long-term viability amid economic uncertainty.

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