Economist Peter Schiff warned on November 9 that Bitcoin is nearing a crash, despite strong gains in US stock markets. While the S&P 500 and Nasdaq Composite rose over 2% that day, Bitcoin spot ETFs saw significant net outflows totaling $201 million, continuing a trend from earlier in the week. Schiff's warning follows his post-election advice to sell Bitcoin, highlighting concerns about its price stability. However, the recent stock and ETF movements do not guarantee a Bitcoin crash will occur.
Peter Schiff's Bitcoin crash warning comes as a backdrop to Pluang's cryptocurrency market data. For readers following cryptocurrencies, here is Pluang's market snapshot as of Nov 11, 2026 15:01 WIB: out of 50 major cryptocurrencies, only 8 rose while 41 fell. Notably, BAT dropped 5.11% with 100% buy orders and a typical hold time of 94 days, contrasting with CRV's 4.50% decline amid predominantly sell orders (87%) and a shorter hold time of 63 days. GRT also fell 4.08% with full sell orders and a 100-day hold time, highlighting varied investor behavior across assets.
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