Peter Schiff: Observes Bitcoin rally after Yom Kippur break

Peter Schiff: Observes Bitcoin rally after Yom Kippur break
Schiff marks Bitcoin rally pause

Peter Schiff, CEO and chief global strategist of Euro Pacific Capital, shared that he was observing the Jewish holiday of Yom Kippur during the latest significant Bitcoin rally.

He noted that he would break his fast and plans to comment further on the rally if current trends continue into tomorrow.

Schiff recently commented on the U.S. 10-year Treasury yield reaching 4.96 percent, the highest level in 19 years. Earlier, he responded to inquiries about actions taken against Euro Pacific Bank during its forced shutdown and receivership. His latest remarks come amid ongoing attention to both the bond market and developments surrounding his bank.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.