Peter Schiff, nicknamed the gold bug, has suggested that the FTX bankruptcy could recently indirectly cause a rally in Tether (USDT) and Bitcoin (BTC).
Peter Schiff 18 November on his official social media account. in a post publishedTether’s market value has not collapsed, and given the current complex situation, this is a to the increase reported that it could lead to In addition, the interest in Tether has recently increased. to bitcoin He also underlined that a growing interest could follow.
Schiff said that the turmoil that dominated the market with the bankruptcy of FTX could cause people to sell their assets and switch to Tether. with great interest He said it might work. Also investment in Schiff Tether The rally is followed by Bitcoin soon. stated that he could.
The famous analyst said that the fact that Bitcoin did not participate in the last rally in financial assets last month is for the crypto money market. that poses a risk had claimed.
