Bitcoin hits new ATH but an expert says sell it for silver

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I bet you can guess who’s that expert. Bitcoin’s been on a crazy ride lately, smashing records and making headlines like it’s the star of the show.

It’s in fact the star of the show. We’re talking new all-time highs, cruising past $112,000, even flirting with $120,000.

It’s like the crypto version of a rockstar hitting the big stage. But not everyone’s popping champagne.

I told you you can guess…

Peter Schiff, the gold-and-silver old-timer who’s been throwing shade at Bitcoin for years, just stepped into the ring with a claim, sell some Bitcoin, buy silver. Now, Schiff’s no newbie.

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He’s been a Bitcoin skeptic since day one, always waving the flag for precious metals. His latest jab?

With Bitcoin rising, he says it’s the perfect moment to cash out a bit and get ready for silver’s next big leg up.

According to him, silver’s upside is bigger, and its downside? Practically a no-show. But Bitcoin?

Schiff warns it could crash just as easily as it climbs. It’s like telling your buddy at the office who just got a big bonus, hey, don’t blow it all on fancy gadgets, invest in something solid, like silver.

Defining month for Bitcoin

But hold on, the crypto world’s got other voices too. Arthur Hayes, co-founder of BitMEX, threw in his two cents, sounding a bit cautious but still optimistic.

He’s slightly bearish because the US Treasury’s stacking new debt, which might suck liquidity out of the market temporarily.

Yet, Hayes is bullish overall, especially on Ether, predicting a monster altcoin season. His words.

It’s like the quiet kid in the office suddenly saying, watch out, the underdog’s about to steal the show.

Erald Ghoos, CEO of OKX’s European arm, sees Bitcoin’s growth as more than just hype. He calls it the ultimate digital macro hedge, especially with global trade tensions and looming tariffs shaking things up.

And he’s likely right. Institutions are already treating BTC like digital gold, a safe harbor in a stormy sea.

Ghoos points out that with volatility at decade lows and ETFs pouring in, July could be a defining month for Bitcoin’s place in the financial world.

Resilience

And OKX’s CEO Roshan Robert? He’s all in on Bitcoin’s resilience. While alts stumble and trade wars heat up, Bitcoin’s proving it’s in a league of its own, a mature asset ready to face whatever July throws at it.

So, Bitcoin’s on fire, but the old guard like Schiff wants you to hedge your bets with silver.

But insiders see a bigger picture, as Bitcoin evolving into a serious macro asset, ready to weather global storms.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

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