Peter Schiff: Bitcoin’s Rally To $100,000 Is ‘Repayment’ By Trump To Crypto Supporters, But $50,000 May Be On The Cards
Posted On February 26, 2025
Economist and Bitcoin (CRYPTO: BTC) critic Peter Schiff claims that President Donald Trump played a role in the crypto king’s rally past $100,000, suggesting it was a reward to his supporters in crypto.
What Happened: In am X post on Wednesday, Schiff stated that Trump sees his role in boosting Bitcoin’s price as a form of “repayment” to his supporters in the crypto space.
The implication is that Trump’s policies, rhetoric, or broader economic impact contributed to Bitcoin surpassing $100,000.
The supporters who owned Bitcoin and backed Trump had a chance …
About The Author
