Krutika Adani
Gold bug Peter Schiff takes another jab at Bitcoin holders as the market tanks.
Bitcoin plunged to $76,600 before recovering to $80K.
The crash coincided with a major stock market sell-off.
Nasdaq 100 had its worst day since 2022.
Schiff mocked Bitcoin investors, saying many would soon be job hunting.
He questioned the U.S. government’s rationale for holding BTC.
Predicts further losses if Bitcoin drops another 50%.
Arthur Hayes says this is a typical correction in a bull market.
Suggests buying the dip when central banks ease monetary policy.