Bitcoin's price could plummet to $75,000, according to Peter Schiff, who also expressed concerns about Ethereum's outlook.

Bitcoin and Ethereum Decline

Bitcoin and Ethereum have continued their downward trend, prompting renewed warnings about the cryptocurrency market.

Peter Schiff's Prediction

Economist and gold proponent Peter Schiff has forecasted a potential plunge in Bitcoin’s value to $75,000.

Market Sentiment

This prediction reinforces bearish sentiment within the market, even amidst continued optimism surrounding cryptocurrency adoption and the growth of blockchain technology.