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Bitcoin surpasses $126K but economist Peter Schiff calls it a temporary rally, not a sign of lasting recovery.
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.
He warned against premature celebration, stressing the rally lacks fundamental strength and reflects ongoing market volatility rather than sustained confidence.
Schiff’s skepticism underscores broader concerns about cryptocurrency’s long-term viability amid economic uncertainty.
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Bitcoin supera los $126K, pero el economista Peter Schiff lo llama un repunte temporal, no una señal de recuperación duradera.