Peter Schiff, a long-time critic of Bitcoin (CRYPTO: BTC), expressed skepticism about the recent surge in Bitcoin’s value. On Monday, he posted that the rise in Bitcoin has no connection to its fundamentals. What Happened: Schiff highlighted that the U.S. dollar is strengthening, gold prices are declining, and the U.S. economy is expected to experience a boom. He attributed the Bitcoin rally to a “Trump-inspired mania” rather than any intrinsic value of the cryptocurrency. Bitcoin recently reached a historic milestone, surpassing $82,000, driven by optimism surrounding President-elect Donald T…
