{"id":2450,"date":"2024-11-11T14:03:26","date_gmt":"2024-11-11T14:03:26","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2450"},"modified":"2024-11-11T14:03:26","modified_gmt":"2024-11-11T14:03:26","slug":"bitcoins-rally-to-82k-post-trumps-election-win-not-enough-to-flip-over-long-term-critic-peter-schiff-no-fundamentals-just-mania","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2450","title":{"rendered":"Bitcoin&#8217;s Rally to $82K Post Trump&#8217;s Election Win Not Enough To Flip Over Long-Term Critic Peter Schiff: No Fundamentals, Just &#8216;Mania&#8217;"},"content":{"rendered":"<div>\n<p><strong>Peter Schiff<\/strong>, a long-time critic of <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), expressed skepticism about the <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41869034\/skyrocketing-bitcoin-nears-80000-milestone-on-optimism-over-trump\">recent surge in Bitcoin\u2019s value<\/a>. On Monday, he posted that the rise in Bitcoin has no connection to its fundamentals. <\/p>\n<p><strong>What Happened<\/strong>: Schiff highlighted that the U.S. dollar is strengthening, gold prices are declining, and the U.S. economy is expected to experience a boom. He attributed the Bitcoin rally to a \u201cTrump-inspired mania\u201d rather than any intrinsic value of the cryptocurrency.<\/p>\n<p>Bitcoin recently reached a historic milestone, surpassing $82,000, driven by optimism surrounding President-elect <strong>Donald Trump<\/strong>\u2018s supportive stance on cryptocurrencies. &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/24\/11\/41877924\/bitcoins-rally-to-82k-post-trumps-election-win-not-enough-to-flip-over-long-term-cr\" alt=\"Bitcoin's\" rally to post trump election win not enough flip over long-term critic peter schiff: no fundamentals just>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Peter Schiff, a long-time critic of Bitcoin (CRYPTO: BTC), expressed skepticism about the recent surge in Bitcoin\u2019s value. On Monday, he posted that the rise in Bitcoin has no connection to its fundamentals. What Happened: Schiff highlighted that the U.S. dollar is strengthening, gold prices are declining, and the U.S. economy is expected to experience [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2450","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2450"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2450\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}