{"id":134833,"date":"2024-08-03T20:00:14","date_gmt":"2024-08-03T17:00:14","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134833"},"modified":"2024-08-03T18:08:55","modified_gmt":"2024-08-03T15:08:55","slug":"ethereum-price-forecast-by-economist-peter-schiff","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereum-price-forecast-by-economist-peter-schiff\/","title":{"rendered":"Ethereum Price Forecast by Economist Peter Schiff"},"content":{"rendered":"

Noting<\/a><\/strong> this trend, renowned economist and global strategist Peter Schiff pointed out that both Ethereum<\/a><\/strong> and Bitcoin<\/strong><\/a> have fallen significantly while gold has remained strong.<\/p>\n

ETFs on Ethereum have had a tough start, attracting just $107 million in net inflows on launch day. That figure is significantly lower than the $655 million the Bitcoin ETFs attracted on their debut.<\/p>\n

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Read More:<\/h5>\n \n
\n \n \n <\/span>\n <\/div>\n
\n

<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\n

Meanwhile, Peter Schiff pointed out that in just two weeks, Ethereum ETFs are already down 15%, ending the week at new lows.<\/p>\n

Because of this, the price of Etherium has fallen below $3,000, down 5% in the last 24 hours, trading at $2,990 at the time of writing.<\/p>\n

Schiff thinks the price of Etherium could fall another 30% from its current levels. With continued significant outflows from ETH ETFs, he predicts that Etherium could fall below $2,000 soon.<\/p>\n","protected":false},"excerpt":{"rendered":"

The long-awaited launch of the spot Ethereum ETF in the U.S. has not led to a rise in the ETH price. In fact, the value of altcoin has fallen since ETFs were introduced.<\/p>\n","protected":false},"author":3,"featured_media":92103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[72,271,224,108],"coin_category":[],"class_list":["post-134833","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-bitcoin","tag-ethereum","tag-gold","tag-price"],"acf":[],"yoast_head":"\nEthereum Price Forecast by Economist Peter Schiff<\/title>\n<meta name=\"description\" content=\"The long-awaited launch of the spot Ethereum ETF in the U.S. has not led to a rise in the ETH price. 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