Peter Schiff responds to Tom Lee: It is not easy to blame the Federal Reserve for Bitcoin’s recent failure to rise
Source: golden
Time: 2025-09-09 14:27:01
According to Golden Finance, in response to TomLee's previous statement that the Fed's hike for two months was the reason why Bitcoin failed to rise during this period, economist Peter Schiff posted a message on X platform that Bitcoin did not follow in the footsteps of gold, because gold prices rose 10% before the Fed was about to cut interest rates and hit a historical high of $3,650. Therefore, TomLee cannot simply blame the Federal Reserve for the recent failure to rise on the Federal Reserve. Similarly, TomLee believes that the idea that Bitcoin can easily rise to $200,000 is too simple, and Bitcoin has the possibility of falling below $100,000.