![Peter Schiff Declares Bitcoin in Bear Market Amidst US Economy's Stagflation Reality](https://static.news.bitcoin.com/wp-content/uploads/2024/05/peter-schiff-bitcoin-bear-market-768x432.jpg)
Economist and gold advocate Peter Schiff has declared bitcoin to be in a bear market, despite the recent surge in interest in spot bitcoin exchange-traded funds (ETFs). Additionally, he cautioned that economic data provides conclusive evidence that stagflation is not merely a future prospect for the U.S. economy, “but already a current reality.” Peter Schiff […]