Crypto Market in Turmoil: Expert Predicts More Trouble Ahead

The crypto world is in a tough spot right now. A well-known expert, Peter Schiff, who has been skeptical about crypto for a long time, thinks things are about to get worse. He believes Bitcoin and Ethereum are heading for a big crash. This could cause a lot of problems for the whole industry. Schiff shared his thoughts on a social media platform, saying that many other cryptocurrencies could disappear. He also warned about possible bankruptcies and job losses. He thinks the current situation could show some big problems in the crypto world. This isn't the first time Schiff has been negative about crypto. He has always argued that Bitcoin's value is based on speculation, not real use. While he has been right about some downturns, crypto supporters believe in the long-term potential of digital currencies. The crypto market has been very unstable lately. Last week, there was a big drop in prices after a political announcement about tariffs. This caused a huge loss in the market, the biggest since the pandemic. Even though the stance on tariffs has softened, the market is still being careful. As of now, the total value of the crypto market is around $3. 76 trillion. This is a big drop from just a week ago. People are worried about what might happen next.