Cryptocurrencies have been on volatile ride this year, and on Sunday, noted economist Peter Schiff warned that more selling could happen in the space in the unfolding week. What Happened: Bitcoin (CRYPTO: BTC) on Sunday fell below the psychological barrier of $58,000, said Schiff in a post on X, formerly Twitter. After dropping to an intraday low of $57,298.95, the apex crypto has recovered and traded at $59,344.48, down 1.17%, according to Benzinga Pro data. Schiff said if the Bitcoin fell below its July low of $53,717.38 (reached on July 5) by Monday, when the stock market opens, the Bitcoin…