Peter Schiff Says Bitcoin 'Barely Up' on Iran Peace Deal Optimism While 'Risk Assets' Are Surging—Issues Warning for Next Selloff
Economist Peter Schiff observed on Tuesday, August 4, that hopes for an Iran peace deal significantly boosted risk assets and stocks, yet Bitcoin showed minimal gains.
When people got excited about a possible peace deal with Iran, stocks jumped up a lot, but Bitcoin barely moved. This shows Bitcoin sometimes acts differently than other investments, so watch if they keep moving in different directions.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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