Published Aug 20, 2026, 7:51 AM ET · Updated 3 months ago · 2 sources

NEW: Economist and longtime bitcoin critic Peter Schiff says bitcoin:native's rally above $72,000 is a "fakeout, not a breakout," attributing the move to the Treasury's buyback announcement. "Sell bitcoin, buy gold," Schiff said.

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Original Report

NEW: Economist and longtime bitcoin critic Peter Schiff says bitcoin:native's rally above $72,000 is a "fakeout, not a breakout," attributing the move to the Treasury's buyback announcement. "Sell bitcoin, buy gold," Schiff said.