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Peter Schiff Calls Bitcoin 'Fake' — BlackRock Calls It Their Biggest Moneymaker

Summary by Benzinga
Peter Schiff is back on X, swinging at Bitcoin (CRYPTO: BTC) with his greatest hits encore. This time, he argues Bitcoin isn't selling off because it's risky — but because it's “a fake asset,” pointing to the 28% drop from all-time highs while the Nasdaq sits within 2% of its own. Track BTC price here. In Schiff's framing, the $500 billion November wipeout is proof that investors are waking up and rotating into "real assets." It's punchy. It's …

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TokenPost broke the news in on Sunday, November 30, 2025.
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