Bitcoin Price Drop: Economist Forecasts Potential Crash to $75,000

In a recent analysis, financial expert Nouriel Schiff pointed out that Bitcoin has experienced a significant decline from its recent highs, dropping below $109,000. This is a decrease of about 13% within two weeks. Schiff highlighted the concerning nature of this drop despite the surge in institutional demand observed in recent months. He suggests the price may further decline, potentially reaching as low as $75,000. )